The Economics and Sociology of Capitalism

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Princeton University Press, Jan 21, 1991 - Business & Economics - 492 pages

The renowned economist Joseph A. Schumpeter (1883-1950) made seminal contributions not only to economic theory but also to sociology and economic history. His work is now attracting wide attention among sociologists, as well as experiencing a remarkable revival among economists. This anthology, which serves as an excellent introduction to Schumpeter, emphasizes his broad socio-economic vision and his attempt to analyze economic reality from several different perspectives. An ambitious introductory essay by Richard Swedberg uses many new sources to enhance our understanding of Schumpeter's life and work and to help analyze his fascinating character. This essay stresses Schumpeter's ability to draw on several social sciences in his study of capitalism.


Some of the articles in the anthology are published for the first time. The most important of these are Schumpeter's Lowell Lectures from 1941, "An Economic Interpretation of Our Time." Also included is the transcript of his lecture "Can Capitalism Survive?" (1936) and the high-spirited debate that followed. The anthology contains many of Schumpeter's classical sociological articles, such as his essays on the tax state, imperialism, and social classes. And, finally, there are lesser known articles on the future of private enterprise, on the concept of rationality in the social sciences, and on the work of Max Weber, with whom Schumpeter collaborated on several occasions.

 

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Contents

The Crisis of the Tax State
99
The Sociology of Imperialisms
141
Max Webers Work
220
Social Classes in an Ethnically Homogeneous Environment
230
Recent Developments of Political Economy
284
Can Capitalism Survive?
298
The Meaning of Rationality in the Social Sciences
316
An Economic Interpretation of Our Time The Lowell Lectures
339
The Future of Private Enterprise in the Face of Modern Socialistic Tendencies
401
Comments on a Plan for the Study of Entrepreneurship
406
Wage and Tax Policy in Transitional States of Society
429
American Institutions and Economic Progress
438
Works by Schumpeter
445
Index
483
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