Quotes from bookCapitalism, Socialism and Democracy
Capitalism, Socialism and Democracy is a book on economics by Joseph Schumpeter, arguably the most famous, debated and important books 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 unexpected, rapid spurts of entrepreneur-driven growth instead of static models.It is the third most cited book in the social sciences published before 1950, behind Marx's Capital and The Wealth of Nations by Adam Smith.
