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:
“To make men Socialists is nothing, but to make Socialism human is a great thing.”
—Oscar Wilde (1854–1900)
“When an opinion has taken root in a democracy and established itself in the minds of the majority, it afterward persists by itself, needing no effort to maintain it since no one attacks it. Those who at first rejected it as false come in the end to adopt it as accepted, and even those who still at the bottom of their hearts oppose it keep their views to themselves, taking great care to avoid a dangerous and futile contest.”
—Alexis de Tocqueville (1805–1859)