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.

Illustrated Quote

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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Related Quotes

Below are one or more quotes that share at least one tag with the quote at the top of the page

Another quote from the 1940s

Not one of us knows what effect his life produces, and what he gives to others; that is hidden from us and must remain so, though we are often allowed to see some little fraction of it, so that we may not lose courage.

Albert Schweitzer

More information about this quote
Topic
Interconnectedness of all people

Author

Albert Schweitzer
Source
Memoirs of Childhood and Youth
Genre
Autobiography and memoir
Language
German
Time
1949 1940s 20th century
Authentication Score 3
Original Citation

Schweitzer, Albert. Aus Meiner Kindheit und Jugendzeit [Memoirs of Childhood and Youth]. C. H. Beck, 1924.

Current Citation

Scweitzer, Albert. Memoirs of Childhood and Youth, translated by Kurt Bergel and Alice R. Bergel. Syracuse University Press, 1997.

Another quote about Capitalism

Laissez faire does not mean: Let soulless mechanical forces operate. It means: Let each individual choose how he wants to cooperate in the social division of labor; let the consumers determine what the entrepreneurs should produce. Planning means: Let the government alone choose and enforce its rulings by the apparatus of coercion and compulsion.

Ludwig von Mises

Human Action: A Treatise on Economics

More information about this quote
Topic
Free market Capitalism

Author

Ludwig von Mises
Source
Human Action: A Treatise on Economics
Genre
Economical literature Political literature
Language
English
Time
1949 1940s 20th century
Authentication Score 3
Citation

Von Mises, Ludwig. Human Action: A Treatise on Economics. Yale University Press, 1949, ch. 27.

Another quote from 1942

We must travel in the direction of our fear.

John Berryman

More information about this quote
Topic
Facing one's fears Courage Fear

Author

John Berryman
Source
A Point of Age
Medium
Poem
Statement Type
Advice
Language
English
Time
1942 1940s 20th century
Authentication Score 1
Citation

Berryman, John. "A Point of Age." Poems. New Directions, 1942.