The Economics of Distribution (Classic Reprint) - Softcover

Hobson, John A.

 
9781330055076: The Economics of Distribution (Classic Reprint)

Inhaltsangabe

How wealth is really shaped in markets and why power matters
This nonfiction work explains how the prices we rely on are built from a tapestry of bargains among landowners, capitalists, and workers. It argues that the usual stories about fair distribution miss the core role of bargaining power, competition, and the hidden profits that come from size and organization.

The book surveys the mechanics of market-price formation, the rise of different kinds of rents, and the way surplus value emerges in many bargaining situations. It connects long‑run patterns in capital, labor, and land to everyday price and distribution outcomes, offering a unified view of how values are determined across uses and goods.


  • How market prices are formed in real bargaining environments

  • Why some capital and land earn higher returns, and how monopoly power enters

  • How surplus value arises across industries and who tends to capture it

  • How changes in competition and production scale reshape wages and profits



Ideal for readers of economic theory, history of thought, and social science who want a clearer map of distribution and power in markets.

The book is a thoughtful guide to understanding how the economy distributes the fruits of industry beyond simple supply and demand, making it a fit for curious minds and students alike.

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