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Capitalism, Socialism and Democracy (Harper Torchbooks) - Softcover

 
9780061330087: Capitalism, Socialism and Democracy (Harper Torchbooks)
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This scarce antiquarian book is a facsimile reprint of the original. Due to its age, it may contain imperfections such as marks, notations, marginalia and flawed pages. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions that are true to the original work.

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  • PublisherHarperCollins
  • Publication date1984
  • ISBN 10 0061330086
  • ISBN 13 9780061330087
  • BindingPaperback
  • Edition number3
  • Rating

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Schumpeter, Joseph A.
Published by Harper Perennial (1962)
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Book Description Softcover. Condition: New. 3rd. Joseph Schumpeters classic Capitalism, Socialism, and Democracy explains the process of capitalisms creative destruction-a key principle in understanding the logic of globalization." -Thomas L. Friedman, Foreign PolicyIn this definitive third and final edition (1950) of his 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 reading for anyone who seeks to understand where the world economy is headed.The most important economist of the twenty-first century might actually turn out to be not Adam Smith or Keynes, but Joseph Schumpeter. One of Schumpeters most important contributions was the emphasis he placed on the tremendous power of innovation and entrepreneurial initiative to drive growth through a process he famously characterized as creative destruction. His work captured not only an economic truth, but also the particular source of Americas strength and dynamism. . . . The entrepreneurial spirit that Schumpeter recognized in the early twentieth century will continue to drive the American economy in the twenty-first century. -Lawrence H. Summers, former Secretary of the TreasurySchumpeter gave us stunning insights into how the world really works. We are now living, it is said, in the Age of Schumpeter. . . . A half century ago, he published his classic Capitalism, Socialism and Democracy: a book admired by economists . . . Schumpeter was a powerful prophet, and he now offers dazzling insights into everything from the rise of Wal-Mart to prosperitys discontents. He is best known for his evocative phrase creative destruction. Schumpeter saw capitalism as a system that produces material progress- rising living standards, more creature comforts - through the turmoil of new technologies and business methods. The 'entreprenuer,' a man of great vision and energy (in his day, there were few women in business), was the driving force of change. Sam Walton and Wal-Mart fit his theory perfectly. Indeed, Schumpeters idea of chaotic capitalism seems everywhere confirmed. -Robert J. Samuelson, NewsweekIf 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 disciplines agenda. . . . Capitalism, Socialism, and Democracy is superb. -J. Bradford DeLong, Chronicle of Higher EducationThe great economist Joseph Schumpeter highlighted the role of innovation in powering the rise of new industries, the creative destruction of existing ones, and the growth in prosperity of economies. -Richard Florida, The AtlanticThe most influential economist of the 20th century. . . . The years since this book first appeared have surely proved Schumpeter to be a major prophet. -Peter Drucker, Fortune. Seller Inventory # DADAX0061330086

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Book Description Paperback. Condition: Brand New. 3rd ed edition. 448 pages. 8.00x5.50x1.25 inches. In Stock. Seller Inventory # 0061330086

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