The Social Problem - Softcover

J. A. Hobson

 
9781330705599: The Social Problem

Synopsis

This book explores the critical question of social progress, challenging the limitations of traditional economic theory in addressing the complex challenges facing society. The author argues that the prevailing focus on wealth accumulation within classical political economy ignores the fundamental need for a more holistic approach that considers the well-being of all individuals. Drawing upon the ideas of thinkers like Adam Smith and John Stuart Mill, the book delves into the inherent flaws of a system that prioritizes profit over the quality of human life. It exposes the ways in which industrialization and the relentless pursuit of material gain have led to widespread waste and inequality, leaving a significant portion of the population in a state of poverty and deprivation. The book then examines the various forms of social waste, including unemployment, underemployment, and the degradation of work and life caused by unchecked industrial expansion. It probes the detrimental effects of a narrow focus on economic growth at the expense of human needs and aspirations. This examination lays the foundation for the author's argument for a new, more comprehensive approach to social progress, one that values human well-being and social justice above all else.

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