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Capitalism, Socialism and Democracy Paperback – 28 Dec 2010

5.0 out of 5 stars 6 customer reviews

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Product details

  • Paperback: 426 pages
  • Publisher: Martino Fine Books; 2 edition (28 Dec. 2010)
  • Language: English
  • ISBN-10: 189139651X
  • ISBN-13: 978-1891396519
  • Product Dimensions: 15.2 x 2.4 x 22.9 cm
  • Average Customer Review: 5.0 out of 5 stars  See all reviews (6 customer reviews)
  • Amazon Bestsellers Rank: 414,807 in Books (See Top 100 in Books)
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By Rolf Dobelli TOP 500 REVIEWER on 21 Mar. 2005
Format: Paperback
Economist Joseph A. Schumpeter's keen intellect makes some of today's scholarship sound like the spouting of ideology on talk shows. Some consider him the greatest economist of the twentieth century. Only an intellect of his towering stature would be able to present a case that while Marx was wrong about how capitalism would collapse, he was probably correct that it eventually would. Schumpeter also contends that socialism may eclipse free-market economies, news he feels society should greet with angst. He believed that capitalism's doom would proceed not from a revolution by an angry proletariat, but rather as a result of successes that would give rise to a class of elites who would gradually institute systems of central control. Fully understanding this complex, although non-mathematical, treatise may require some background; it is not a book for the novice. While this 1942 classic may seem dated in spots, those who conclude that it is time to tap dance on socialism's grave should consider that Schumpeter expected socialism's dominance to take a century or more. We recommend this classic to anyone seeking a deeper understanding of the historic, economic case for the rise of socialism.
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Format: Paperback Verified Purchase
really good
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Format: Paperback Verified Purchase
Insightful read.
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