Work and Wealth: A Human Valuation

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Exploring the human costs of industrial capitalism, this treatise by John Atkinson Hobson critiques the individualistic nature of private enterprise and highlights the social implications of production. It presents foundational concepts such as the human standard of value and the creative factors in production, making it a significant early work in assessing social costs. Hobson's insights have influenced liberal thought across generations, particularly in discussions surrounding welfare. The modern edition includes an introductory chapter from his later work on poverty.