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Incentives in the New Industrial Order

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"Incentives in the New Industrial Order" is a 1922 treatise on the new economical and industrial paradigm that resulted from the cessation of World War I. John Atkinson Hobson (1858 - 1940) was an English social scientist and economist most famous for his work on imperialism-which notably had an influence on Vladimir Lenin-as well as his theory of underconsumption. His early work also questioned the classical theory of rent and predicted the Neoclassical "marginal productivity" theory of di...