Joseph A. Schumpeter
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In this classic and prescient book, originally published in 1942, Joseph A. Schumpeter introduced the world to the concept of "creative destruction," which forever altered how global economics is approached and perceived. Capatalism, Socialism and Democracy is essential reading for anyone who seeks to understand where the world economy is headed -- from cover.
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Joseph Alois Schumpeter (Triesch, February 1883 - Taconic, Connecticut, January 1950) was an Austrian economist and political scientist who profoundly influenced the history of political thought with his democratic theory, which redefined the meaning of democracy. "Capitalism, Socialism, and Democracy" is Schumpeter's most famous and debated work, and one of the great classics of the social sciences in the 20th century. First published in 1942, the...
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Joseph Alois Schumpeter (Triesch, febrero de 1883 - Taconic, Connecticut, enero de 1950) fue un economista y científico político austriaco, que dejó una profunda huella en la historia del pensamiento político con su teoría democrática, la cual redefinió el sentido de la democracia. Su obra más famosa y debatida es "Capitalismo, Socialismo y Democracia", uno de los grandes clásicos de las ciencias sociales del siglo XX. Publicada por primera...
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"Can capitalism survive? No. I do not think it can." Thus opens Schumpeter's prologue to a section of his 1947 book, Capitalism, Socialism and Democracy. One might think, on the basis of the quote, that Schumpeter was a Marxist. But the analysis that led Schumpeter to his conclusion differed totally from Karl Marx's. Marx believed that capitalism would be destroyed by its enemies (the proletariat), whom capitalism had purportedly exploited, and he...
