LibraryThing Review

An important work, even now. Schumpeter describes all of the strengths of Capitalism, but also subjects it to careful criticism. That which makes Capitalism so effective - creative destruction - could also be the source of its own demise. Read full review

I can only give a short comment on this book. It is that...one should learn any potential that democracy can mean tyranny, which even is more hostile due to the principle of "government by the people". The people here is a group of somewhat thousands of individuals with different interests. Once the government is out of control, chaos may be the ultimate output.