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Schumpeter (Major Conservative and Libertarian Thinkers)

John Meadowcroft

4/5 ( ratings)

Joseph Schumpeter was one of the foremost economic thinkers of the twentieth century. Today Schumpeter is most well-known for his idea of 'creative destruction'. This is the notion that a market economy is simultaneously creative and destructive and therein lies the process of renewal that is central to the endurance and also the unpopularity of capitalism. Schumpeter's work also contains one of the most important conservative critiques of mass democracy. Schumpeter argued that mass democracy had totalitarian tendencies and was likely to degenerate into the tyranny of the popular.

Pages: 176

Format: Hardcover

Publisher: Continuum International Publishing Group

Release: July 01, 2009

ISBN: 0826430120

ISBN 13: 9780826430120

Schumpeter (Major Conservative and Libertarian Thinkers)

John Meadowcroft

4/5 ( ratings)

Joseph Schumpeter was one of the foremost economic thinkers of the twentieth century. Today Schumpeter is most well-known for his idea of 'creative destruction'. This is the notion that a market economy is simultaneously creative and destructive and therein lies the process of renewal that is central to the endurance and also the unpopularity of capitalism. Schumpeter's work also contains one of the most important conservative critiques of mass democracy. Schumpeter argued that mass democracy had totalitarian tendencies and was likely to degenerate into the tyranny of the popular.

Pages: 176

Format: Hardcover

Publisher: Continuum International Publishing Group

Release: July 01, 2009

ISBN: 0826430120

ISBN 13: 9780826430120

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