A Vision for a Dynamic World
Reading Capitalism, Socialism and Democracy for Today
By John T. Dalton, Andrew J. Logan
In the decades since its publication in 1942, Capitalism, Socialism and Democracy has exerted growing influence in economics and many other fields. Although Joseph Schumpeters treatise is a product of its times, its rigorous critique of Marxism, its identification of creative destruction as a key trait of capitalism, its satirical description of socialism, and its explanatory theory of democracy make the book highly relevant for our times as well.
|Other Independent Review articles by John T. Dalton|
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