Phrase by 'Joseph A. Schumpeter'
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Capitalism inevitably and by virtue of the very logic of its civilization creates, educates and subsidizes a vested interest in social unrest.
Author: Joseph A. Schumpeter - American EconomistCapitalism , Logic , Civilization , Virtue
The ballot is stronger than bullets.
Author: Joseph A. Schumpeter - American EconomistThan , Stronger , Bullets , Ballot
Bureaucracy is not an obstacle to democracy but an inevitable complement to it.
Author: Joseph A. Schumpeter - American EconomistDemocracy , Inevitable , Bureaucracy
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.
Author: Joseph A. Schumpeter - American EconomistLife , People , Time , Identity
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.
Author: Joseph A. Schumpeter - American EconomistPolitical , End , Democracy , Decisions
Economic progress, in capitalist society, means turmoil.
Author: Joseph A. Schumpeter - American EconomistSociety , Progress , Means , Economic
Entrepreneurial profit is the expression of the value of what the entrepreneur contributes to production.
Author: Joseph A. Schumpeter - American EconomistValue , Expression , Entrepreneur , Profit
Our poverty will be brought home to us to its full extent only after the war.
Author: Joseph A. Schumpeter - American EconomistHome , Will , War , Poverty
Marxism is essentially a product of the bourgeois mind.
Author: Joseph A. Schumpeter - American EconomistMind , Product , Bourgeois , Marxism
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