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Hobson and Lenin in Johore: Colonial Office Policy towards British concessionaires and investors, 1818—1907

Published online by Cambridge University Press:  28 November 2008

Keith Sinclair
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Extract

In the opinions of J. A. Hobson and Lenin European imperial expansion during several decades following 1870 was caused by the need to export surplus capital, and aimed at expediting this process. Hobson saw this necessity as arising from over-production (or under-consumption), a curable defect of capitalism; Lenin as an inherent quality of ‘monopoly-capitalism’ which was directed principally by bankers and was heading for revolution.

Type
Articles
Information
Modern Asian Studies , Volume 1 , Issue 4 , July 1967 , pp. 335 - 352
Copyright
Copyright © Cambridge University Press 1967

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References

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