Economic progress, in capitalist society, means turmoil. Joseph A. Schumpeter capitalisteconomicmean Change image and share on social
For the duration of its collective life, or the time during which its identity may be assumed, each class resembles a hotel or an omnibus, always full, but always of different people. Joseph A. Schumpeter assumeclasscollective Change image and share on social
Marxism is essentially a product of the bourgeois mind. Joseph A. Schumpeter bourgeoisessentiallymarxism Change image and share on social
Democracy is a political method, that is to say, a certain type of institutional arrangement for arriving at political - legislative and administrative - decisions and hence incapable of being an end in itself. Joseph A. Schumpeter administrativearrangementarrive share on social
Capitalism inevitably and by virtue of the very logic of its civilization creates, educates and subsidizes a vested interest in social unrest. Joseph A. Schumpeter capitalismcivilizationcreate Change image and share on social
Entrepreneurial profit is the expression of the value of what the entrepreneur contributes to production. Joseph A. Schumpeter contributeentrepreneurentrepreneurial Change image and share on social
Bureaucracy is not an obstacle to democracy but an inevitable complement to it. Joseph A. Schumpeter bureaucracycomplementdemocracy Change image and share on social
The ballot is stronger than bullets. Joseph A. Schumpeter ballotbulletstrong Change image and share on social
Our poverty will be brought home to us to its full extent only after the war. Joseph A. Schumpeter bringextentfull Change image and share on social
