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:
“Without freedom, no art; art lives only on the restraints it imposes on itself, and dies of all others. But without freedom, no socialism either, except the socialism of the gallows.”
—Albert Camus (1913–1960)
“It is time to provide a smashing answer for those cynical men who say that a democracy cannot be honest, cannot be efficient.... We have in the darkest moments of our national trials retained our faith in our own ability to master our own destiny.”
—Franklin D. Roosevelt (1882–1945)