“The intellectual and social climate needed to allow entrepreneurship to thrive will not exist in advanced capitalism.” SocialNeededIntellectualCapitalismClimateInvestingEntrepreneurshipThrive Author:Joseph A. Schumpeter
“The state has been living on a revenue which was being produced in the private sphere for private purposes and had to be deflected from these purposes by political force. The theory that construes taxes on the analogy of club dues or of the purchase of the services of, say, a doctor only proves how far removed this part of the social sciences is from scientific habits of mind.” MindHas BeensStatesPoliticalPurposeForceSocialTheoryHabitProveTaxesDoctorsClubsDuesSpheresRevenueLiving OnAnalogiesSocial ScienceHabits Of Mind Author:Joseph A. Schumpeter
“Things economic and social move by their own momentum and the ensuing situations compel individuals and groups to behave in certain ways whatever they may wish to do-not indeed by destroying their freedom of choice but by shaping the choosing mentalities and by narrowing the list of possibilities from which to choose.” WayMayMovingCertainChoicesIndividualWishSocialSituationGroupsEconomicPossibilityListsBehaveDestroyingMentalityMomentumFreedom Of Choice Author:Joseph A. Schumpeter
“Capitalism inevitably and by virtue of the very logic of its civilization creates, educates and subsidizes a vested interest in social unrest.” SocialInterestVirtueCivilizationCapitalismLogicEducateUnrestVested InterestsSocial Unrest Book:Capitalism, Socialism and Democracy Source: Capitalism, Socialism and Democracy
“The spirit of a people, its cultural level, its social structure, the deeds its policy may prepare—all this and more is written in its fiscal history, stripped of all phrases. He who knows how to listen to its message here discerns the thunder of world history more clearly than anywhere else.” PeopleKnowsWorldMaySpiritSocialLevelsKnow HowWrittenPolicyMessagesStructureDeedsPhrasesThunderWorld HistorySocial Structure Author:Joseph A. Schumpeter
