“If the interests of consumers and the interests of producers weighed equally in the eyes of governments”

— J.A. Hobson

The Morals of Economic Irrationalism (1920)
Context: If the interests of consumers and the interests of producers weighed equally in the eyes of governments, as they should, the strongest of all obstacles to a peaceful harmonious society of nations would be overcome. For the suspicions, jealousies, and hostilities of nations are inspired more by the tendency of groups of producers to misrepresent their private interests as the good of their respective countries than by any other single circumstance.<!--p.14

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J.A. Hobson 26

English economist, social scientist and critic of imperiali… 1858–1940

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“If the interests of consumers and the interests of producers weighed equally in the eyes of governments”

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