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Tag Archives: endogenous world war 1
Did inequality cause the First World War? Contra Hobson-Lenin-Milanovic
The “Hobson-Lenin Thesis”: Inequality, Imperialism, and the First World War In a small section in his new book, Branko Milanovic argues that the First World War was ultimately caused by income & wealth inequality within the belligerent countries, resurrecting ideas from John A. … Continue reading
Posted in Branko Milanovic, Foreign Investment, Inequality, the First Globalization, The First World War
Tagged and the first world war, Branko Milanovic, capital exports, colonialism, endogenous world war 1, Hobson, Hobson-Lenin Thesis, imperialism, inequality, Lenin, The Great War, underconsumption
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