Joseph A. Schumpeter

Capitalism, Socialism and Democracy (MP3-Download)

Gekürzte Lesung. 1103 Min.
Sprecher: Clickman, John

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Produktbeschreibung

"Capitalism, Socialism, and Democracy," authored by Joseph A. Schumpeter and first published in 1942, stands as a cornerstone in the study of economics and political science. In this profound and ambitious work, Schumpeter delves into the intricate mechanisms that drive capitalist economies and the transformative forces that shape them. Central to his analysis is the concept of "creative destruction," a process through which old industries and economic structures are continuously dismantled and replaced by innovative enterprises and technologies. This relentless cycle of innovation, while fostering economic growth and progress, also brings about significant disruption and dislocation, posing challenges to established businesses and labor markets. Schumpeter's exploration of capitalism is multifaceted. He acknowledges the system's remarkable capacity for innovation and wealth creation but also highlights its inherent vulnerabilities. These include tendencies toward monopolistic practices, social inequality, and cyclical crises. Schumpeter provocatively argues that capitalism, despite its successes, harbors the seeds of its own decay. As capitalism progresses, he suggests, it creates conditions—such as the rise of large corporations and bureaucratic structures—that may eventually undermine its dynamic and entrepreneurial spirit. Turning his attention to socialism, Schumpeter offers a nuanced examination of its potential as an alternative to capitalism. He considers socialism's promise to address the inequities and inefficiencies of capitalism, particularly through the redistribution of wealth and more centralized economic planning. However, he also recognizes significant obstacles, such as the potential stifling of individual initiative and the complexities of managing a planned economy on a large scale. Schumpeter's analysis of socialism is neither purely optimistic nor wholly dismissive; instead, it reflects a balanced inquiry into its feasibility and implications. A key component of Schumpeter's work is his discussion on democracy and its interaction with economic systems. He questions whether democratic institutions can withstand the pressures and demands of a rapidly evolving economic landscape. Schumpeter introduces the idea of "democratic elitism," suggesting that modern democracies are managed by a select group of individuals rather than by the populace at large. This perspective leads to critical reflections on the sustainability of democratic governance in the face of economic upheaval and social change. Overall, "Capitalism, Socialism, and Democracy" is a thought-provoking and comprehensive treatise that continues to resonate with scholars and policymakers. Schumpeter's insights into the dynamics of economic change, the potential trajectories of capitalist and socialist systems, and the challenges facing democratic governance remain relevant in understanding the complexities of contemporary economic and political life.

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Produktdetails

• Verlag: Heritage Inkwell Publishing
• Erscheinungstermin: 23. Mai 2024
• Sprache: Englisch
• ISBN-13: 9784580272774
• Artikelnr.: 71210941

Autorenporträt

Joseph A. Schumpeter, Introduction by Richard Swedberg, Stockholm University.

Inhaltsangabe

Introduction
Part 1 The Marxian Doctrine
prologue1 Prologue
Chapter 1 Marx the Prophet
Chapter 2 Marx the Sociologist
Chapter 3 Marx the Economist
Chapter 4 Marx the Teacher
Part 2 Can Capitalism Survive?
Prologue2 Prologue
Chapter 5 The Rate of Increase of Total Output
Chapter 6 plausible Capitalism
Chapter 7 The Process of Creative Destruction
Chapter 8 Monopolistic Practices
Chapter 9 Closed Season
Chapter 10 The Vanishing of Investment Opportunity
Chapter 11 The Civilization of Capitalism
Chapter 12 Crumbling Walls
Chapter 13 Growing Hostility
Chapter 14 Decomposition
Part 3 Can Socialism Work?
Chapter 15 Clearing Decks
Chapter 16 The Socialist Blueprint
Chapter 17 Comparison of Blueprints
Chapter 18 The Human Element
Chapter 19 Transition
Part 4 Socialism and Democracy
Chapter 20 The Setting of the Problem
Chapter 21 The Classical Doctrine of Democracy
Chapter 22 Another Theory of Democracy
Chapter 23 The Inference
Part 5 A Historical Sketch of Socialist Parties
Prologue 3 Prologue
Chapter 24 The Nonage
Chapter 25 The Situation That Marx Faced
Chapter 26 From 1875 to 1914
Chapter 27 From the First to the Second World War
Chapter 28 The Consequences of the Second World War
Part VI Prefaces and Comments on Later Developments
Preface 1 Preface to the First Edition, 1942
preface 2 Preface to the Second Edition, 1946
preface 3 Preface to the Third Edition, 1949
preface 4 ) before leaving for Chicago to deliver the Walgreen Foundation Lectures. This paper is a first draft but carefully written in his own hand as were all his writings
there was no opportunity for him to make minor corrections or to write the concluding paragraphs. The corrections which consist largely in supplying punctuation or an occasional missing word have been kept to a minimum. The brief concluding paragraphs have been supplied by his wife from notes and memory.