Joseph Schumpeter Quote

Entrepreneurial profit... is the expression of the value of what the entrepreneur contributes to production in exactly the same sense that wages are the value expression of what the worker "produces." It is not a profit of exploitation any more than are wages.


The Theory of Economic Development (1934), ch. 4


Entrepreneurial profit... is the expression of the value of what the entrepreneur contributes to production in exactly the same sense that wages are...

Entrepreneurial profit... is the expression of the value of what the entrepreneur contributes to production in exactly the same sense that wages are...

Entrepreneurial profit... is the expression of the value of what the entrepreneur contributes to production in exactly the same sense that wages are...

Entrepreneurial profit... is the expression of the value of what the entrepreneur contributes to production in exactly the same sense that wages are...