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Joseph A. Schumpeter Quotes
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Type: Economist Quotes Category: American Economist Quotes Date of Birth: February 8, 1883 Date of Death: January 8, 1950 Nationality: American Find on Amazon: Joseph A. Schumpeter Related Authors: John Kenneth Galbraith Thomas Sowell Jeremy Rifkin Martin Feldstein Milton Friedman John W. Snow Jeffrey Sachs Douglass North |
Bureaucracy is not an obstacle to democracy but an inevitable complement to it.
Joseph A. Schumpeter 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 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 Economic progress, in capitalist society, means turmoil. Joseph A. Schumpeter Entrepreneurial profit is the expression of the value of what the entrepreneur contributes to production. Joseph A. Schumpeter 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 Marxism is essentially a product of the bourgeois mind. Joseph A. Schumpeter Our poverty will be brought home to us to its full extent only after the war. Joseph A. Schumpeter The ballot is stronger than bullets. Joseph A. Schumpeter |
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