Economic progress, in capitalist society, means turmoil.

Joseph Schumpeter

Capitalism, Socialism, and Democracy

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More information about this quote

Topic

Economic growth Life under capitalism Capitalism

Author

Joseph Schumpeter

Source

Capitalism, Socialism, and Democracy

Genre

Economic literature Historical literature

Language

English

Time

1942 1940s 20th century

Occupation

Economist

From

Austria Europe

Authentication Score 3

Citation

Schumpeter, Joseph Alois. Capitalism, Socialism, and Democracy. Harper & Brothers, 1942, pt. 1, ch. 3.

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A quote by Joseph Schumpeter about economic growth: “Economic progress, in capitalist society, means turmoil.”
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A quote by Joseph Schumpeter about economic growth: “Economic progress, in capitalist society, means turmoil.”
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A quote by Joseph Schumpeter about economic growth: “Economic progress, in capitalist society, means turmoil.”
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