John Atkinson Hobson

Economic nationalism means protective and discriminative tariffs, and a conservation of national, imperial or allied resources within a circle of favored beneficiaries.

Nations are represented not merely as self-centered, independent moral systems, but as, in some degree, mutually repellent systems. This notion is partly the product of the false patriotic teaching of our schools and press, which seek to feed our sense of national unity more upon exclusive than inclusive sentiments. Nations are represented as rivals and competitors in some struggle for power, or greatness, or prestige, instead of as coöperators in the general advance of civilization.

Industrial progress would undoubtedly be slower under state-control, because the very object of such control is to divert a larger proportion of human genius and effort from these occupations in order to apply them in producing higher forms of wealth. It is not, however, right to assume that progress in the industrial arts would cease under state-industry; such progress would be slower, and would itself partake of a routine character—a slow, continuous adjustment of the mechanism of production and distribution to the slowly-changing needs of the community.

We now stand face to face with the main objection so often raised against all endeavours to remedy industrial and social diseases by the expansion of public control. ...The strife, danger, and waste of industrial competition are necessary conditions to industrial vitality.

This new and enlarged edition of The Evolution of Modern Capitalism contains additions and alterations so great as to constitute it in effect a new book.

The case is a simple one. A mere increase in the variety of our material consumption relieves the strain imposed upon man by the limits of the material universe, for such variety enables him to utilise a larger proportion of the aggregate of matter. But in proportion as we add to mere variety a higher appreciation of those adaptations of matter which are due to human skill, and which we call Art, we pass outside the limits of matter and are no longer the slaves of roods and acres and a law of diminishing returns. So long as we continue to raise more men who demand more food and clothes and fuel, we are subject to the limitations of the material universe, and what we get ever costs us more and benefits us less. But when we cease to demand more, and begin to demand better, commodities, more delicate, highly finished and harmonious, we can increase the enjoyment without adding to the cost or exhausting the store. What artist would not laugh at the suggestion that the materials of his art, his colours, clay, marble, or what else he wrought in, might fail and his art come to an end? When we are dealing with qualitative, i.e. artistic, goods, we see at once how an infinite expenditure of labour may be given, an infinite satisfaction taken, from the meagrest quantity of matter and space. In proportion as a community comes to substitute a qualitative for a quantitative standard of living, it escapes the limitations imposed by matter upon man. Art knows no restrictions of space or size, and in proportion as we attain the art of living we shall be likewise free.

The generally accepted image of international trade is one in which a number of trading communities... are engaged in striving each to win for itself, and at the expense of the others, the largest possible share of a strictly limited objective—the world market. ... So far as world or international trade is rightly presented as a competitive process, that competition takes place not between America, Britain, Germany, but between a number of separate American, British, German, firms. The immediate interests of these firms is not directed along political lines.

Envisaging the whole range of foreign commerce... the image of it as a prize which governments can, and ought to win for their traders at the expense of the traders supported by other governments, has been a most fertile source of international misunderstanding.

All progress, from primitive savagedom to modern civilisation, will... appear as consisting in the progressive socialisation of the lower functions, the stoppage of lower forms of competition and of the education of the more brutal qualities, in order that a larger and larger proportion of individual activity may be engaged in the exercise of higher functions, the practice of competition upon higher planes, and the education of higher forms of fitness.

The imputation of political significance to... statistics, taken either in aggregate or in relation to separate countries, as if they were themselves indices of public gain or public loss, has most injurious reactions upon the intelligent understanding of commerce.

The substitution of industrialism for warfare is not... understood to imply a diminution of individual enterprise, but an alteration in its application.

It is untrue that the world market is strictly limited, with the consequence that every advance of one group of traders is at the expense of another group. The world market is indefinitely expansible and is always expanding...

If imperial expansion were really nothing other than a phase of the natural history of a nation it would be as idle to protest against it as to argue with an earthquake. But the policy of civilised States differs from that of uncivilised States in resting more largely upon deliberate conscious choice, partaking more definitely of the character of conduct.

The present class government means the severance or antagonism of nations, because each ruling class can only keep and use its rule by forcing the antagonisms of foreign policy: intelligent democracies would perceive their identity of interest, and would ensure it by their amicable policy. The genuine forces of internationalism, thus liberated, would first display themselves as economic forces, securing more effective international co-operation for postal, telegraphic, railway, and other transport services, for monetary exchange and for common standards of measurement of various kinds, and for the improved intercommunication of persons, goods, and information. Related and subsidiary to these purposes would come a growth of machinery of courts and congresses, at first informal and private, but gradually taking shape in more definite and more public machinery: the common interests of the arts and sciences would everywhere be weaving an elaborate network of intellectual internationalism, and both economic and intellectual community of needs and interests would contribute to the natural growth of such political solidarity as was required to maintain this real community.

Higher progress can only be purchased by an economy of the work of lower progress, the free, conscious expression of higher individuality by the routine subordination of lower individuality.