capitalism, socialism and democracy wikipedia - EAS
- Capitalism, Socialism, and Democracy is a book on economics, sociology, and history by Joseph Schumpeter, arguably his most famous, controversial, and important work.Author: Joseph Alois SchumpeterPublish Year: 1942Country: United StatesPages: 431en.wikipedia.org/wiki/Capitalism,_Socialism_and_Democracy
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Capitalism, Socialism, and Democracy is a book on economics, sociology, and history by Joseph Schumpeter, arguably his most famous, controversial, and important work. It's also one of the most famous, controversial, and important books on social theory, social sciences, and economics —in which … See more
Part I: The Marxian Doctrine
Schumpeter devotes the first 56 pages of the book to an analysis of Marxian thought and the place within it for entrepreneurs. Noteworthy is the way that Schumpeter points out the … See moreSchumpeter's theory is that the success of capitalism will lead to a form of corporatism and a fostering of values hostile to capitalism, especially among intellectuals. The intellectual and social climate needed to allow entrepreneurship to thrive will not exist in advanced … See more
The book also introduced the term 'creative destruction' to describe innovative entry by entrepreneurs as the force that sustains long-term economic growth, even as it destroys the value of established companies that have enjoyed some degree of See more
• (in English) Summary of the book See more
Wikipedia text under CC-BY-SA license - https://en.wikiquote.org/wiki/Capitalism,_Socialism_and_Democracy
- However, if Marx had not been more than a purveyor of phraseology, he would be dead by now.
- Geniuses and prophets do not usually excel in professional learning, and their originality, if any, is often due precisely to the fact that they do not.
- As a matter of fact, capitalist economy is not and cannot be stationary. Nor is it merely expan…
- However, if Marx had not been more than a purveyor of phraseology, he would be dead by now.
- Geniuses and prophets do not usually excel in professional learning, and their originality, if any, is often due precisely to the fact that they do not.
- As a matter of fact, capitalist economy is not and cannot be stationary. Nor is it merely expanding in a steady manner. It is incessantly being revolutionized from within by new enterprise, i.e., b...
- For one thing, to predict the advent of big business was considering the conditions of Marx's day an achievement in itself.
- Any existing structures and all the conditions of doing business are always in a process of ch…
- Estimated Reading Time: 9 mins
- https://en.wikipedia.org/wiki/Democratic_capitalism
Democratic capitalism, also referred to as market democracy, is a political and economic system. It integrates resource allocation by marginal productivity (synonymous with free-market capitalism), with policies of resource allocation by social entitlement. The policies which characterise the system are enacted by democratic governments.
Democratic capitalism was implemented widely in the 20th century, particularly in Europe and the Western …Wikipedia · Text under CC-BY-SA license- Estimated Reading Time: 10 mins
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WebTalk:Capitalism, Socialism and Democracy - Wikipedia Talk:Capitalism, Socialism …
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- https://en.wikipedia.org/wiki/Socialist_democracy
WebSocialist democracy is a political system that aligns with principles of both socialism …
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