Learn Before
Schumpeter's Concerns About the 'March into Socialism'
In his final essay, titled ‘The march into socialism’, Joseph Schumpeter expressed his apprehension about contemporary economic trends. He was specifically concerned with the expanding role of government in the economy and what he described as the 'migration of people’s economic affairs from the private into the public sphere'.
0
1
Tags
Social Science
Empirical Science
Science
Economy
Economics
CORE Econ
The Economy 1.0 @ CORE Econ
Ch.1 The Capitalist Revolution - The Economy 1.0 @ CORE Econ
Ch.2 Technology and incentives - The Economy 2.0 Microeconomics @ CORE Econ
Related
Creative Destruction Definition
Evolutionary Economics
Schumpeter's Concerns About the 'March into Socialism'
Personal Anecdotes from Joseph Schumpeter's Life
Source: 'Science and Ideology' (Schumpeter, 1949)
Source: 'Ten Great Economists' (Schumpeter, 1997)
Source: 'Capitalism, Socialism, and Democracy' (Schumpeter, 1962)
Joseph Schumpeter's Concession on the Viability of Socialism
Schumpeter's Theory of the Entrepreneur as the Engine of Capitalist Dynamism