First published in 1930, John Hobson's study deals with the economic dilemmas generated in the early twentieth century by the advent of mass production. Namely the over-production and surfeit of goods and the resultant failure of the expansion of markets leading to record levels of mass...

I. Income, monetary and real -- II. Uses of the surplus -- III. Underconsumption -- IV. Rationalisation and productivity -- V. Rationalisation and consumption -- VI. Markets and distribution of the product -- VII. Social services and workers' incomes -- VIII. Vital income -- IX. Economic...