Can Capitalism survive? (Harper colophon books, CN 595) - Softcover

9780060905958: Can Capitalism survive? (Harper colophon books, CN 595)
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Can Capitalism survive? (Harper colophon books, CN 595) [paperback] Schumpeter, Joseph Alois [Jan 01, 1978]

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Considered by many economists to be the finest analysis of capitalism ever written, Can Capitalism Survive? introduces Joseph A. Schumpeter's theory of "creative destruction," stating that in capitalist economies new innovations erode the position of established firms while also providing new and previously unforeseen avenues of economic growth. Today the effects of such advancements as Mp3s—replacing CDs, which in turn had replaced cassettes and vinyl records—have proven his ideas correct. Prophetically arguing that capitalist societies are also subject to "perennial gales" of destruction that wipe away fortunes, this great economist revealed the vast, often chaotic economic landscape of world capitalism. First published in Schumpeter's classic Capitalism, Socialism and Democracy, here is an invaluable guide the global economy.

About the Author:

Joseph A. Schumpeter (1883-1950) served as Austria's first finance minister, made and lost a fortune as an investment banker, and taught economics for many years at Harvard. Capitalism, Socialism and Democracy is his best-known work.

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9780061928017: Can Capitalism Survive?: Creative Destruction and the Future of the Global Economy (Harper Perennial Modern Thought)

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