Joseph Schumpeter - Political Quotes

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Democracy is a political method, that is to say, a certain type of institutional arrangement for arriving at political – legislative and administrative – decisions and hence incapable of being an end in itself.

Joseph Schumpeter

The great political questions take their place in the psychic economy of the typical citizen with those leisure-hour interests that have not yet attained the rank of hobbies, and with the subjects of irresponsible conversation.

Joseph Schumpeter

The state has been living on a revenue which was being produced in the private sphere for private purposes and had to be deflected from these purposes by political force. The theory that construes taxes on the analogy of club dues or of the purchase of the services of, say, a doctor only proves how far removed this part of the social sciences is from scientific habits of mind.

Joseph Schumpeter