“Capitalism inevitably and by virtue of the very logic of its civilization creates, educates and subsidizes a vested interest in social unrest.”
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
You May Also Like
“Economic progress, in capitalist society, means turmoil.”
Source: Ten Great Economists
Source: Speeches, Correspondence and Political Papers of Carl Schurz
“A man who trims himself to suit everybody will soon whittle himself away.”
“There's no limit possible to the expansion of each one of us.”