Capitalism, Socialism and Democracy

By:

Joseph Alois Schumpeter

Format:

Paperback

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Description

2011 Reprint of 1947 Second Edition. Joseph Alois Schumpeter (1883 - 1950) was an Austrian-American economist and political scientist. He popularized the term "creative destruction" in economics. Schumpeter's most popular book in English is probably Capitalism, Socialism and Democracy. This book opens with a treatment of Karl Marx. While he is sympathetic to Marx's theory that capitalism will collapse and will be replaced by socialism, Schumpeter concludes that this will not come about in the way Marx predicted. To describe it he borrowed the phrase "creative destruction," and made it famous by using it to describe a process in which the old ways of doing things are endogenously destroyed and replaced by new ways.

Release date NZ

December 28th, 2010

Author

Joseph Alois Schumpeter

Audience

General (US: Trade)

Country of Publication

United States

Edition

2nd

Illustrations

black & white illustrations

Imprint

Martino Fine Books

Pages

426

Publisher

Martino Fine Books

Dimensions

152x229x24

ISBN-13

9781891396519

Product ID

10066470

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