By 1910-14, Hobson had drifted far from the arguments of Im… - P. J. Cain

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By 1910-14, Hobson had drifted far from the arguments of Imperialism: A Study and was now writing of imperialism as a phase in the extension of a benign, global capitalist network and one that would eventually lead to an economic convergence between the developed and underdeveloped worlds, to world peace and eventually to some form of world government.

P. J. Cain

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About P. J. Cain

Peter J. Cain is a British historian, and Emeritus Professor of History at , known for his work on the economic writings of .

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Niall Ferguson Walter Rodney Eric Roll, Baron Roll of Ipsden Kwame Nkrumah Correlli Barnett

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In tropical Africa, on the other hand, Hobson talked of 'lower races' who could only progress under western leadership

Yet it must be remembered that the essential theoretical core of the book - the relationship between oversaving, foreign investment and imperialism - appeared in an article written in 1898, before his South African trip.

However, in that autobiography Hobson did confess that he now thought that the emphasis on economic causation in Imperialism: A Study was overdone and that more emphasis should have been placed on the 'lust for power' with economic gains seen as a means of exercising power rather an end in themselves.

By 1910-14, Hobson had drifted far from the arguments of Imperialism: A Study and was now writing of imperialism as a phase in the extension of a ben… - P. J. Cain

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