2011 Reprint of 1947 Second Edition. Joseph Alois Schumpeter (1883 - 1950) was an Austrian-American economist and political scientist. He popularized the term creative destruction in economics. Schumpeter's most popular book in English is probably Capitalism, Socialism and Democracy. This book opens with a treatment of Karl Marx. While he is sympathetic to Marx's theory that capitalism will collapse and will be replaced by socialism, Schumpeter concludes that this will not come about in the way Marx predicted. To describe it he borrowed the phrase creative destruction, and made it famous by using it to describe a process in which the old ways of doing things are endogenously destroyed and replaced by new ways.
By:
Joseph Alois Schumpeter Imprint: Martino Fine Books Country of Publication: United States Edition: 2nd Dimensions:
Height: 229mm,
Width: 152mm,
Spine: 24mm
Weight: 621g ISBN:9781891396519 ISBN 10: 189139651X Pages: 426 Publication Date:28 December 2010 Audience:
General/trade
,
ELT Advanced
Format:Paperback Publisher's Status: Active
