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According to Hobson, who benefits the most from imperialism?
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Hobson believed that the groups that benefited the most from imperialism were the capitalist class or those who controlled the money and resources. His opposition to imperialism and to capitalism in general was formed over the years by studying the effects of both ideologies. He came to the conclusion that they were inextricably linked and complemented each other. For example his observation as a newspaper correspondent in South Africa covering the Boer War is a case in point. Hobson came to the conclusion that moneyed interests like Cecil Rhodes were manipulating British public opinion in order to fight the war. He believed this was done so that those interests could control the vast resources available in South Africa.
Posted by farouk23 on April 18, 2013 at 11:28 PM (Answer #1)
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