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Home
Authors
Joseph A. Schumpeter
American
Economist
About the author
Economic progress, in capitalist society, means turmoil.
Joseph A. Schumpeter,
American
Economist
#Society
#Progress
The ballot is stronger than bullets.
Joseph A. Schumpeter,
American
Economist
Our poverty will be brought home to us to its full extent only after the war.
Joseph A. Schumpeter,
American
Economist
#Will
#Home
#War
#Poverty
Marxism is essentially a product of the bourgeois mind.
Joseph A. Schumpeter,
American
Economist
#Mind
#Marxism
Entrepreneurial profit is the expression of the value of what the entrepreneur contributes to production.
Joseph A. Schumpeter,
American
Economist
#Expression
#Value
#Production
#Profit
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 A. Schumpeter,
American
Economist
#End
#Being
#Democracy
#Decisions
Capitalism inevitably and by virtue of the very logic of its civilization creates, educates and subsidizes a vested interest in social unrest.
Joseph A. Schumpeter,
American
Economist
#Logic
#Civilization
#Virtue
#Interest
#Capitalism
Bureaucracy is not an obstacle to democracy but an inevitable complement to it.
Joseph A. Schumpeter,
American
Economist
#Democracy
#Bureaucracy
For the duration of its collective life, or the time during which its identity may be assumed, each class resembles a hotel or an omnibus, always full, but always of different people.
Joseph A. Schumpeter,
American
Economist
#Time
#Life
#People
#May
#Identity
#Class