John A. Hobson
John Atkinson Hobson (1858–1940) grew up during an economic depression in England that ultimately shifted his intellectual interests from literature to economics. One of his major contributions is the theory of under-consumption, which argues that low consumer demand and high supply of goods will lead to a sluggish economy. Hobson also held that imperialism could be stripped down to economic interests by the mother country: it was no more than a search for new capitalist markets. This selection explores Hobson’s observed relationships among economy, international struggle, imperialism, and nationalism.
From John A. Hobson, Imperialism and the Lower Races. New York: James Pott and Co., 1902, part II, chapter IV.
World Economic Forum
The Global Gender Gap Report was introduced by the World Economic Forum in 2006 to analyze disparities between genders in a worldwide context. It assesses national gender gaps in political, economic, health, and education-related areas and ranks countries according to data, allowing comparisons across regions, time, and income groups. According to the report’s introduction, these rankings “are designed to create greater awareness among a global audience of the challenges posed by gender gaps and the opportunities created by reducing them.” This excerpt looks at women’s impact on economic growth through increased education, participation in the labor force, and women’s role as consumers, or the “power of the purse.”
From “The Global Gender Gap,” World Economic Forum, 2010. http://www3.weforum.org/docs/WEF_GenderGap_Report_2010.pdf (downloaded November 20, 2012).
This early eighteenth-century painting from the Church of San Pedro in Lima, Peru, radiates Jesuit pride. Flanked by personifications of the four continents in the foreground, the giant Atlas presents the world to St. Ignatius Loyola, the founder of the order. Other Jesuit saints—St. Francis Borja on the left pedestal, St. Francis Xavier on the right pedestal, and Matteo Ricci, in the background, robed in Chinese-style vestments —represent the order’s missionary and preaching vocations. At the bottom of the painting, the peoples the Jesuits converted kneel in prayer
Courtesy of the Library of Congress
United Nations General Assembly
The Universal Declaration of Human Rights, adopted by the United Nations General Assembly on December 10, 1948, was one of the most significant and lasting results of the Second World War. The League of Nations, created after the First World War, had failed to prevent the beginning of another, even more catastrophic and costly conflict. The United Nations was planned throughout the war as a substitute mechanism for global peace and security, but world leaders also believed that a document was necessary to affirm the rights of individuals throughout the entire world. A formal drafting committee, consisting of members from eight countries, was charged with the task. The committee chair was Eleanor Roosevelt, the widow of President Roosevelt and a strong advocate for human rights in her own right. By its resolution 217 A (III), the General Assembly, meeting in Paris, adopted the Universal Declaration of Human Rights. Eight nations abstained from the vote, but none dissented.
The Universal Declaration of Human Rights, 1948 (http://www.un.org/en/documents/udhr/)