“Capitalism does not merely mean that the housewife may influence production by her choice between peas and beans; or that plant managers have some voice in deciding what and how to produce: it means a scheme of values, an attitude toward life, a civilization—the civilization of inequality and of the family fortune.”
Quote by Joseph Alois 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
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