Hobson’s 1905 imperialism analysis predicted the crises of the 1930s

Evidence

When, in 1938, his early study was republished, Hobson could rightly state in his introduction to an unchanged text that his book was real proof “that the chief perils and disturbances …of today …were all latent and discernible in the world of a generation ago…” — Hannah Arendt, The Origins of Totalitarianism, 2220

Categorization

• SEED: Hobson’s confidence that his 1905 text needed no revision is fodder for an essay about the predictive power of early imperialism critique.