More about Joseph Schumpeter
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Capitalism inevitably and by virtue of the very logic of its civilization creates, educates and subsidizes a vested interest in social unrest.
Capitalism stands its trial before judges who have the sentence of death in their pockets. They are going to pass it, whatever the defense they may hear; the only success victorious defense can possibly produce is a change in the indictment.
The essential point to grasp is that in dealing with capitalism we are dealing with an evolutionary process
Gentlemen, a depression is for capitalism like a good, cold douche.
Capitalism Survive?—I have tried to show that a socialist form of society will inevitably emerge from an equally inevitable decomposition of capitalist society.
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If we become increasingly humble about how little we know, we may be more eager to search.
February 8, 1883
January 8, 1950
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