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Schumpeter socialism capitalism democracy
Schumpeter socialism capitalism democracy










We shall simply envisage two types of society and mention others only incidentally. We have so far been rather careless about certain definitions and we must make up for it now.

schumpeter socialism capitalism democracy schumpeter socialism capitalism democracy

But if we accept these assumptions and discard these doubts the answer to the remaining question is clearly Yes.īefore I attempt to prove it, I should like to clear some obstacles from our way. One may, of course, feel very uneasy about these assumptions themselves or about the questions whether the socialist form of society can be expected to be democratic and, democratic or not, how well it is likely to function.

schumpeter socialism capitalism democracy

No doubt is possible about that once we assume, first, that the requisite stage of industrial development has been reached and, second, that transitional problems can be successfully resolved.












Schumpeter socialism capitalism democracy