Capitalism, Socialism, and Democracy

by Joseph A. Schumpeter

Book Reviews

  • Reading Schumpeter's famous book about "Creative Destruction". It's an enjoyable read, and I'm learning a lot! One unexpected & enjoyable thing about the book is how loudly he praises Marx, & builds upon him (while ultimately taking a v different path) https://t.co/xFdvfsDRuM https://t.co/00uK33AnRxLink to Tweet

About Book

In this definitive third and final edition (1950) of his masterwork, Joseph A. Schumpeter introduced the world to the concept of “creative destruction,” which forever altered how global economics is approached and perceived. Now featuring a new introduction by Schumpeter biographer Thomas K. McCraw, Capitalism, Socialism and Democracy is essential read­ing for anyone who seeks to understand where the world economy is headed.