“The generally accepted image of international trade is one in which a number of trading communities… are engaged in striving each to win for itself, and at the expense of the others, the largest possible share of a strictly limited objective—the world market. … So far as world or international trade is rightly presented as a competitive process, that competition takes place not between America, Britain, Germany, but between a number of separate American, British, German, firms. The immediate interests of these firms is not directed along political lines.”

—  J.A. Hobson

The Morals of Economic Irrationalism (1920)

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J.A. Hobson 26
English economist, social scientist and critic of imperiali… 1858–1940

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