Problems of Poverty - An Inquiry Into The Industrial Condition of the Poor

John Atkinson Hobson (1858 – 1940) was an English social scientist and economist most famous for his work on imperialism—which notably had an influence on Vladimir Lenin—as well as his theory of underconsumption. His early work also questioned the classical theory of rent and predicted the Neoclassical "marginal productivity" theory of distribution. In his 1891 work “Problems of Poverty”, Hobson e...