What is hobson's theory of imperialism?
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Please help me to get 4200. I will also give you that amount of thanks what you all will give me. I am promising you all. Don't report please
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the Taproot of ImperialismHobson states that what he called the "taproot of imperialism" is not in nationalist pride, but in capitalist oligarchy; and, as a form of economic organization, imperialism is unnecessary and immoral, the result of the mis-distribution of wealth in a capitalist society.Well, Hobson argued in his book Imperialism (1902) that capital which could not find lucrative investment opportunities at home, due to over-saving/under-consumption, sought outlets abroad, and it was these sectional interests that drove imperial expansion forward.
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Answer:
The Taproot of Imperialism
Hobson states that what he called the "taproot of imperialism" is not in nationalist pride, but in capitalist oligarchy; and, as a form of economic organization, imperialism is unnecessary and immoral, the result of the mis-distribution of wealth in a capitalist society.
Explanation:
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