Can Capitalism Survive? : Creative Destruction and the Future of the Glob
In this new addition to the Harper Perennial Modern Thought series, preeminent economist Joseph Schumpeter, author of Capitalism, Socialism, and Democracy, offers his celebrated answer to question everyone is now asking: Can Capitalism Survive? His answer: "No. I do not think it can." Learn his fascinating reason why in this fascinating book of philosophy containing the core of his thought and considered by many economists to be the finest analysis of capitalism ever written.
- Paperback | 195 pages
- 111.76 x 177.8 x 22.86mm | 158.76g
- 30 Aug 2011
- HarperCollins Publishers Inc
- HarperCollins Publishers
- United States
The great economist Joseph Schumpeter highlighted the role of innovation in powering the rise of new industries, the creative destruction of existing ones, and the growth in prosperity of economies. --Richard Florida, "Atlantic""
Back cover copy
Considered by many economists to be the finest analysis of capitalism ever written, Can Capitalism Survive? introduces Joseph A. Schumpeter's theory of "creative destruction," stating that in capitalist economies new innovations erode the position of established firms while also providing new and previously unforeseen avenues of economic growth. Today the effects of such advancements as Mp3s--replacing CDs, which in turn had replaced cassettes and vinyl records--have proven his ideas correct. Prophetically arguing that capitalist societies are also subject to "perennial gales" of destruction that wipe away fortunes, this great economist revealed the vast, often chaotic economic landscape of world capitalism. First published in Schumpeter's classic Capitalism, Socialism and Democracy, here is an invaluable guide the global economy.
"The 20th century's foremost economist." Steve Forbes, Forbes