First published in 1930, John Hobson's study deals with the economic dilemmas generated in the early twentieth century by the advent of mass production. Namely the over-production and surfeit of goods and the resultant failure of the expansion of markets leading to record levels of mass unemployment.

1.Income, Monetary and Real 2. Uses of the Surplus 3. Underconsumption 4. Rationalisation and Productivity 5. Rationalisation and Consumption 6. Markets and Distribution of the Product 7. Social Services and Workers' Incomes 8. Vital Income 9. Economic Internationalism