“Capitalism stands its trial before judges who have the sentence of death in their pockets. They are going to pass it, whatever the defense they may hear; the only success victorious defense can possibly produce is a change in the indictment.”
Quote by Joseph A. Schumpeter
Work
Capitalism, Socialism and Democracy
A seminal work that explores the historical development and comparative analysis of capitalism, socialism, and democracy, offering insights into their economic and political implications. more
Author
Joseph A. Schumpeter
Joseph A. Schumpeter was a renowned economist known for his research on innovation and entrepreneurship. His theories have had a profound impact on modern economics. more
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