“An entrepreneur is the first enemy of capitalism.”

Last update Dec. 28, 2023. History

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Mwanandeke Kindembo 1044
Congolese author 1996

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“The enemy of liberal capitalism today is not so much socialism as nihilism.”

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“The discounting presumably is to be done for each period of time at that rate of interest which represents the alternative cost of employing capital in the occupation in question; that is, at the rate which the entrepreneur could obtain in other investments”

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“Schumpter's daring and dashing entrepreneur is now a legendary figure from the distant past - if not from the mythology of capitalism - or is to be found only in the demimonde of business, founding new ice cream parlors or "deep freeze subscription clubs."”

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