Joseph A. Schumpeter

Capitalism, Socialism and Democracy (MP3-Download)

Gekürzte Lesung. 1103 Min.
Sprecher: Clickman, John

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Produktbeschreibung

"Capitalism, Socialism, and Democracy," authored by Joseph A. Schumpeter and first published in 1942, stands as a cornerstone in the study of economics and political science. In this profound and ambitious work, Schumpeter delves into the intricate mechanisms that drive capitalist economies and the transformative forces that shape them. Central to his analysis is the concept of "creative destruction," a process through which old industries and economic structures are continuously dismantled and replaced by innovative enterprises and technologies. This relentless cycle of innovation, while fostering economic growth and progress, also brings about significant disruption and dislocation, posing challenges to established businesses and labor markets. Schumpeter's exploration of capitalism is multifaceted. He acknowledges the system's remarkable capacity for innovation and wealth creation but also highlights its inherent vulnerabilities. These include tendencies toward monopolistic practices, social inequality, and cyclical crises. Schumpeter provocatively argues that capitalism, despite its successes, harbors the seeds of its own decay. As capitalism progresses, he suggests, it creates conditions—such as the rise of large corporations and bureaucratic structures—that may eventually undermine its dynamic and entrepreneurial spirit. Turning his attention to socialism, Schumpeter offers a nuanced examination of its potential as an alternative to capitalism. He considers socialism's promise to address the inequities and inefficiencies of capitalism, particularly through the redistribution of wealth and more centralized economic planning. However, he also recognizes significant obstacles, such as the potential stifling of individual initiative and the complexities of managing a planned economy on a large scale. Schumpeter's analysis of socialism is neither purely optimistic nor wholly dismissive; instead, it reflects a balanced inquiry into its feasibility and implications. A key component of Schumpeter's work is his discussion on democracy and its interaction with economic systems. He questions whether democratic institutions can withstand the pressures and demands of a rapidly evolving economic landscape. Schumpeter introduces the idea of "democratic elitism," suggesting that modern democracies are managed by a select group of individuals rather than by the populace at large. This perspective leads to critical reflections on the sustainability of democratic governance in the face of economic upheaval and social change. Overall, "Capitalism, Socialism, and Democracy" is a thought-provoking and comprehensive treatise that continues to resonate with scholars and policymakers. Schumpeter's insights into the dynamics of economic change, the potential trajectories of capitalist and socialist systems, and the challenges facing democratic governance remain relevant in understanding the complexities of contemporary economic and political life.

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Produktdetails

• Verlag: Heritage Inkwell Publishing
• Erscheinungstermin: 23. Mai 2024
• Sprache: Englisch
• ISBN-13: 9784580272774
• Artikelnr.: 71210941

Autorenporträt

Joseph A. Schumpeter (1883-1950). Originally born in Moravia in the present-day Czech Republic, Schumpeter was a renowned Economist, Business Theorist and Political Scientist. He has numbered among his pupils Robert Solow, the Nobel Laureate, and former chairman of the Federal Reserve Alan Greenspan.

Inhaltsangabe

Introduction. Part I: The Marxian Doctrine. Prologue. I. Marx the Prophet.
II. Marx the Sociologist. III. Marx the Economist. IV Marx the Teacher.
Part II: Can Capitalism Survive? Prologue. V. The Rate of Increase of Total
Output. VI. Plausible Capitalism. VII. The Process of Creative Destruction.
VIII. Monopolistics Practices. IX. Closed Season. X. The Vanishing of
Investment Opportunity. XI. The Civilization of Capitalism. XII. Crumbling
Walls. XIII. Growing Hostility. XIV. Decomposition. Part III: Can Socialism
Work? XV. Clearing Decks. XVI. The Socialist Blueprint. XVII. Comparison of
Blueprints. XVIII. The Human Element. XIX. Transition. Part IV: Socialism
and Democracy. XX. The Setting of the Problem. XXI. The Classical Doctrine
of Democracy. XXII. Another Theory of Democracy. XXIII. The Inference. Part
V: A Historical Sketch of Socialist Parties. Prologue. XXIV. The Nonage.
XXV. The Situation that Marx Faced. XXVI. From 1875 to 1914. XXVII. From
the First to the Second World War. XXVIII. The Consequences of the Second
World War. Preface to the First Edition, 1942. Preface to the Second
Edition, 1946. Preface to the Third Edition, 1949. The March Into
Socialism. Index.

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Introduction; Part 1 The Marxian Doctrine; prologue1 Prologue; Chapter 1 Marx the Prophet; Chapter 2 Marx the Sociologist; Chapter 3 Marx the Economist; Chapter 4 Marx the Teacher; Part 2 Can Capitalism Survive?; Prologue2 Prologue; Chapter 5 The Rate of Increase of Total Output; Chapter 6 plausible Capitalism; Chapter 7 The Process of Creative Destruction; Chapter 8 Monopolistic Practices; Chapter 9 Closed Season; Chapter 10 The Vanishing of Investment Opportunity; Chapter 11 The Civilization of Capitalism; Chapter 12 Crumbling Walls; Chapter 13 Growing Hostility; Chapter 14 Decomposition; Part 3 Can Socialism Work?; Chapter 15 Clearing Decks; Chapter 16 The Socialist Blueprint; Chapter 17 Comparison of Blueprints; Chapter 18 The Human Element; Chapter 19 Transition; Part 4 Socialism and Democracy; Chapter 20 The Setting of the Problem; Chapter 21 The Classical Doctrine of Democracy; Chapter 22 Another Theory of Democracy; Chapter 23 The Inference; Part 5 A Historical Sketch of Socialist Parties; Prologue 3 Prologue; Chapter 24 The Nonage; Chapter 25 The Situation That Marx Faced; Chapter 26 From 1875 to 1914; Chapter 27 From the First to the Second World War; Chapter 28 The Consequences of the Second World War; Part VI Prefaces and Comments on Later Developments; Preface 1 Preface to the First Edition, 1942; preface 2 Preface to the Second Edition, 1946; preface 3 Preface to the Third Edition, 1949; preface 4 ) before leaving for Chicago to deliver the Walgreen Foundation Lectures. This paper is a first draft but carefully written in his own hand as were all his writings; there was no opportunity for him to make minor corrections or to write the concluding paragraphs. The corrections which consist largely in supplying punctuation or an occasional missing word have been kept to a minimum. The brief concluding paragraphs have been supplied by his wife from notes and memory.