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:
“The socialism of our day has done good service in setting men to thinking how certain civilizing benefits, now only enjoyed by the opulent, can be enjoyed by all.”
—Ralph Waldo Emerson (1803–1882)
“In a democracy—even if it is a so-called democracy like our white-élitist one—the greatest veneration one can show the rule of law is to keep a watch on it, and to reserve the right to judge unjust laws and the subversion of the function of the law by the power of the state. That vigilance is the most important proof of respect for the law.”
—Nadine Gordimer (b. 1923)