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John A. Hobson -
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Envisaging the whole range of foreign commerce... the image of it as a prize which governments can, and ought to win for their traders at the expense of the traders supported by other governments, has been a most fertile source of international misunderstanding.
John A. Hobson
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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.
John A. Hobson
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Corporations are in a sense moral monsters; we say they behave as such and we are disposed to treat them as such. The standard of international morality, particularly in matters of commercial intercourse, is on a still lower level.
John A. Hobson
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On what a slippery slope... international morality reposes.
John A. Hobson
Quote of the day
When the moon is in the seventh house, And Jupiter aligns with Mars, Then peace will guide the planets, And love will steer the stars; This is the dawning of the age of Aquarius.
James Rado
John A. Hobson
Born:
July 6, 1858
Died:
April 1, 1940
(aged 81)
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