Capitalism, Socialism and Democracy

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Taylor & Francis, May 20, 2003 - Business & Economics - 464 pages
41 Reviews
Capitalism, Socialism and Democracy remains one of the greatest works of social theory written this century. When it first appeared the New English Weekly predicted that `for the next five to ten years it will cetainly remain a work with which no one who professes any degree of information on sociology or economics can afford to be unacquainted.' Fifty years on, this prediction seems a little understated.

Why has the work endured so well? Schumpeter's contention that the seeds of capitalism's decline were internal, and his equal and opposite hostility to centralist socialism have perplexed, engaged and infuriated readers since the book's publication. By refusing to become an advocate for either position Schumpeter was able both to make his own great and original contribution and to clear the way for a more balanced consideration of the most important social movements of his and our time.

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Review: Capitalism, Socialism and Democracy

User Review  - Alex MacMillan - Goodreads

CS&D is as dry as you can get, and hindsight about Marxism's future failure spoils most of the read. A couple chapters are excellent, namely the section on creative destruction, but these are few and ... Read full review

Review: Capitalism, Socialism and Democracy

User Review  - Patrick - Goodreads

Schumpeter lived a very, well, Schumpeterian lifestyle, battered up and down and around the world by the winds of economic turmoil. He argues that this undulating dynamism is in fact the defining ... Read full review

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