Home / Quotes / Quote by Joseph A. Schumpeter

Quote by Joseph A. Schumpeter

“For one thing, to predict the advent of big business was considering the conditions of Marx's day an achievement in itself.”

Quote by Joseph A. Schumpeter

Book:Capitalism, Socialism and Democracy

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

“Lack of outlets, excess capacity, complete deadlock, in the end regular recurrence of national bankruptcies and other disasters-perhaps world wars from sheer capitalist despair-may confidently be anticipated. History is as simple a that.”

World May War Ends Simple Despair Capacity Disaster War Of The Worlds Excess Capitalist Sheer Outlets Bankruptcy Recurrence

Book:Capitalism, Socialism and Democracy

Source: Capitalism, Socialism and Democracy

“Nothing is so retentive as a nation's memory.”

Nations Memories

Book:Capitalism, Socialism and Democracy

Source: Capitalism, Socialism and Democracy

“Want and effective demand are not the same thing. If they were, the poorest nations would be the ones to display the most vigorous demand.”

Ifs Want Would Be Nations Demand Display Poorest Vigorous

Book:Capitalism, Socialism and Democracy

Source: Capitalism, Socialism and Democracy

“The stock exchange is a poor substitute for the Holy Grail.”

Poor Holy Substitutes Holy Grail Stock Exchange

Book:Capitalism, Socialism and Democracy

Source: Capitalism, Socialism and Democracy

“It is quite possible that future generations will look upon arguments about the inferiority of the socialist plan as we look upon Adam Smith's argument about joint stock companies which, also, were simply false.”

Looks Company Plans Generations Argument Look Up Adam Socialist Joints Future Generation Inferiority Joint Stock Company

Book:Capitalism, Socialism and Democracy

Source: Capitalism, Socialism and Democracy

“The capitalist process shapes things and souls for socialism.”

Soul Process Shapes Socialism Capitalist

Book:Capitalism, Socialism and Democracy

Source: Capitalism, Socialism and Democracy

“To realize the relative validity of one's convictions and yet stand for them unflinchingly is what distinguishes a civilized man from a barbarian.”

Men Realizing Conviction Civilized Relative Barbarians Validity

Author:Joseph A. Schumpeter

“The better we get at getting better, the faster we will get better.”

Faster Get Better

Author:Douglas Engelbart

“Freedom of the press and also of speech, assembly, and worship can persist as social forms and legal guarantees, while at the same time their functional realities can be gradually slipping away.”

Reality Form Social Speech Worship Presses Guarantees Persist Assembly Slipping Freedom Of The Press Slipping Away

Author:Marshall Field

“The people are led to find in the productive apparatus the effective agent of thought and action to which their personal thought and action can and must be surrendered. And in this transfer, the apparatus also assumes the role of a moral agent. Conscience is absolved by reification.”

People Action Moral Roles Conscience Assuming Agents Productive Transfers Thoughts And Actions

Book:One-Dimensional Man: Studies in the Ideology of Advanced Industrial Society

Source: One-Dimensional Man: Studies in the Ideology of Advanced Industrial Society