Capitalism, Socialism and Democracy

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Routledge, 1976 - Business & Economics - 437 pages
11 Reviews
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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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LibraryThing Review

User Review  - Dilip-Kumar - LibraryThing

This has long been one of the must-read books on my list, but it has taken me a long time to getting round to it. Half-way through it, my main sense is of an exasperating, even frustrating work. The ... Read full review

LibraryThing Review

User Review  - aitastaes - LibraryThing

One of the most famous, debated and important books on social theory, social sciences and economics. The success of capitalism will lead to a form of corporatism in which the intellectual and social ... Read full review

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