Capitalism, Socialism and Democracy is a book on economics (and in other levels, on sociology and history) by Joseph Schumpeter, arguably the most (or one of the most) famous, debated and important book by Schumpeter, and one of the most famous, debated and important books on social theory, social sciences and economics, in which he deals with capitalism, socialism and creative destruction. First published in 1942, it is largely unmathematical, compared with neoclassical works, focusing on the unexpected, rapid spurts of entrepreneur-driven growth instead of static models.
Read more about Capitalism, Socialism And Democracy: Introduction, Capitalism and Socialism, Creative Destruction, See Also
Famous quotes containing the words socialism and/or democracy:
“Men conceive themselves as morally superior to those with whom they differ in opinion. A Socialist who thinks that the opinions of Mr. Gladstone on Socialism are unsound and his own sound, is within his rights; but a Socialist who thinks that his opinions are virtuous and Mr. Gladstone’s vicious, violates the first rule of morals and manners in a Democratic country; namely, that you must not treat your political opponent as a moral delinquent.”
—George Bernard Shaw (1856–1950)
“If the average citizen is guaranteed equal opportunity in the polling place, he must have equal opportunity in the market place.... The flag and the Constitution stand for democracy and not tyranny, for freedom, not subjection.”
—Franklin D. Roosevelt (1882–1945)