← Joseph SchumpeterCapitalism, Socialism and Democracyby Joseph SchumpeterAnalysis of capitalism's contradictions and threat from socialism and democracyFind on Amazon↗About the authorJoseph SchumpeterSchumpeter's concept of 'creative destruction' captured the dynamic, disruptive character of capitalist innovation. Capitalism, Socialism and Democracy is one of the greatest works of 20th-century political economy.More by Joseph SchumpeterThe Theory of Economic DevelopmentTheory of innovation, entrepreneurship, and economic development cycles→Business CyclesStudy of economic cycles, crises, and fluctuations in capitalist systems→History of Economic AnalysisComprehensive historical survey of economic thought and analysis→
