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" "Other great sources of wealth are found in financial and speculative operations, often of distinctly anti-social tendency and possible only through the defective organization of our economy.
Leonard Trelawny Hobhouse (8 September 1864 – 21 June 1929) was a British liberal politician and sociologist, who has been considered one of the leading and earliest proponents of social liberalism. His works, alongside that of writers such as T.H. Green and John A. Hobson, occupy a seminal position within the canon of New Liberalism.
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