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John A. Hobson strongly influenced the anti-imperialism of both Marxists and liberals, worldwide through his 1902 book on Imperialism. He argued that the "taproot of imperialism" is not in nationalist pride, but in Capitalism

As a form of economic organization, imperialism is unnecessary and immoral, the result of the mis-distribution of wealth in a capitalist society. That created an irresistible desire to extend the national markets into foreign lands, in search of profits greater than those available in the Mother Country. In the capitalist economy, rich capitalists received a disproportionately higher income than did the working class. If the owners invested their incomes to their factories, the greatly increased productive capacity would exceed the growth in demand for the products and services of said factories. Lenin adopted Hobson's ideas to argue that capitalism was doomed and would eventually be replaced by socialism, the sooner the better.

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