Capitalism, Socialism, and Democracy: Third Edition

Title: Capitalism, Socialism, and Democracy: Third Edition
Author: Joseph A Schumpeter
ISBN: 9780061561610
Publisher: Harper Perennial Modern Classics
Published: 2008
Binding: Paperback
Language: English
Condition: New
New from the publisher

Political Science 1555306

Publisher Description:

"Joseph Schumpeter's classic Capitalism, Socialism and Democracy explains the process of capitalism's 'creative destruction' -- a key principle in understanding the logic of globalization." -- Thomas L. Friedman, Foreign Policy

In this definitive third and final edition (1950) of his prophetic masterwork, Joseph A. Schumpeter introduced the world to the concept of "creative destruction," which forever altered how global economics is approached and perceived. Now featuring a new introduction by Pulitzer Prize-winning Schumpeter biographer Thomas K. McCraw, Capitalism, Socialism and Democracy is essential read-ing for anyone who seeks to understand where the world economy is headed.

"If Keynes was the most important economist of the 20th century, then Schumpeter may well be the most important of the 21st. . . . . his economic understanding was brilliant . . . he tried to set long-term economic growth--entrepreneurship and enterprise--at the top of the discipline's agenda. . . . Capitalism, Socialism, and Democracy is superb." -- J. Bradford DeLong, Chronicle of Higher Education