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Can Capitalism Survive?

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The book explores the premise that capitalism is doomed to fail, a viewpoint articulated by Schumpeter in his analysis. He argues that capitalism's own successes will lead to its downfall, as it generates an intellectual class that critiques the very system that supports it. Unlike Marx, who anticipated capitalism's demise with enthusiasm, Schumpeter expresses a more somber outlook, likening his prediction to a doctor's prognosis for a patient. This work, originally part of a larger text, provides a critical examination of economic systems and their inherent contradictions.

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Can Capitalism Survive?, Joseph Schumpeter

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Released
2011
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Language
English
Released
2011
Format
Paperback
Pages
108
ISBN13
9781891396762
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Rating
3.95 out of 5
Description
The book explores the premise that capitalism is doomed to fail, a viewpoint articulated by Schumpeter in his analysis. He argues that capitalism's own successes will lead to its downfall, as it generates an intellectual class that critiques the very system that supports it. Unlike Marx, who anticipated capitalism's demise with enthusiasm, Schumpeter expresses a more somber outlook, likening his prediction to a doctor's prognosis for a patient. This work, originally part of a larger text, provides a critical examination of economic systems and their inherent contradictions.