“It is untrue that the world market is strictly limited, with the consequence that every advance of one group of traders is at the expense of another group. The world market is indefinitely expansible and is always expanding...”

—  J.A. Hobson

The Morals of Economic Irrationalism (1920), p.11

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J.A. Hobson26
English economist, social scientist and critic of imperiali… 1858–1940

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