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Joseph a. Schumpeter

John Medearis · 2009

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About the book

"Joseph Schumpeter (1883 - 1950) was one of the foremost economic thinkers of the twentieth century. Today Schumpeter is most well-known for his idea of 'creative destruction'. This is the notion that a market economy is simultaneously creative and destructive and therein lies the process of renewal that is central to the endurance and also the unpopularity of capitalism. Schumpeter's work also contains one of the most important conservative critiques of mass democracy. Schumpeter argued that mass democracy had totalitarian tendencies and was likely to degenerate into the tyranny of the popular."--Bloomsbury Publishing.

Book details

Year
2009
Language
English
Series
Major conservative and libertarian thinkers -- v. 4
Publisher
Continuum
Editions
6
Pages
172
ISBN
9780826430120

Data source: Wikidata

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