Morals of Economic Internationalism

Name: Morals of Economic Internationalism
Author: J. A. Hobson

By J. A. Hobson

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About This Book

A series of lectures examines the ethical standards that govern individual, corporate, and national conduct in commercial affairs, arguing that weaker moral expectations are routinely applied to corporations and states than to private persons. The author critiques corporate impunity and the claim that state necessity can nullify international obligations, while disputing the zero-sum image of world trade by showing that competition mainly takes place between firms rather than between nations. He assesses the moral consequences of tariffs and diplomatic interventions and urges a reframing of international economic relations toward cooperative, justice-based principles.

About the Author

J. A. Hobson

J. A. Hobson was a British economist and social critic known for his influential works on economic theory and social issues. He is particularly recognized for his book "Morals of Economic Internationalism," where he explores the ethical dimensions of global economic interactions. Hobson's writings often address the plight of the poor, as seen in "Problems of Poverty: An Inquiry into the Industrial Condition of the Poor," which examines the socio-economic factors contributing to poverty. His analysis of capitalism is further elaborated in "The Evolution of Modern Capitalism: A Study of Machine Production," where he critiques the impacts of industrialization. Through his work, Hobson contributed significantly to discussions on economics and social justice.