---
title: "1 Capitalist Production Quotes By Joseph A. Schumpeter"
description: "1 Capitalist Production quotes by Joseph A. Schumpeter. Plus more from Joseph A. Schumpeter and more Capitalist Production sayings from other authors."
image: "https://sms4smile.com/quotes/i/58c/joseph-a-schumpeter-9723_achievement_the-capitalist-engine-is-first-and-last_3128435.jpg"
---

> [The capitalist engine is first and last an engine of mass production which unavoidably also means production for the masses. . . . It is the cheap cloth, the cheap cotton and rayon fabric, boots, motorcars and so on that…](https://sms4smile.com/quotes/joseph-a-schumpeter/the-capitalist-engine-is-first-and-last-an-engine-of-mass-production/)

[Joseph A. Schumpeter](https://sms4smile.com/quotes/author/joseph-a-schumpeter/)

[Image](https://sms4smile.com/quotes/i/58c/joseph-a-schumpeter-9723_achievement_the-capitalist-engine-is-first-and-last_3128435.jpg)

## Other authors on Capitalist Production

## More by Joseph A. Schumpeter

> [In economic life competition is never completely lacking, but hardly ever is it perfect.](https://sms4smile.com/quotes/joseph-a-schumpeter/in-economic-life-competition-is-never-completely-lacking-but-hardly/)

[Joseph A. Schumpeter](https://sms4smile.com/quotes/author/joseph-a-schumpeter/)

> [Pessimistic visions about almost anything always strike the public as more erudite than optimistic ones](https://sms4smile.com/quotes/joseph-a-schumpeter/pessimistic-visions-about-almost-anything-always-strike-the-public-as/)

[Joseph A. Schumpeter](https://sms4smile.com/quotes/author/joseph-a-schumpeter/)

> [The perennial gale of creative destruction](https://sms4smile.com/quotes/joseph-a-schumpeter/the-perennial-gale-of-creative-destruction/)

[Joseph A. Schumpeter](https://sms4smile.com/quotes/author/joseph-a-schumpeter/)

> [At the heart of capitalism is creative destruction.](https://sms4smile.com/quotes/joseph-a-schumpeter/at-the-heart-of-capitalism-is-creative-destruction/)

[Joseph A. Schumpeter](https://sms4smile.com/quotes/author/joseph-a-schumpeter/)

> [There exists no more democratic institution than the market](https://sms4smile.com/quotes/joseph-a-schumpeter/there-exists-no-more-democratic-institution-than-the-market/)

[Joseph A. Schumpeter](https://sms4smile.com/quotes/author/joseph-a-schumpeter/)

> [ All we can thus far say about the duration of the units of \[the business cycle\] and each of \[its\] two phases is that… ](https://sms4smile.com/quotes/joseph-a-schumpeter/all-we-can-thus-far-say-about-the-duration-of-the-units-of-the/)

[Joseph A. Schumpeter](https://sms4smile.com/quotes/author/joseph-a-schumpeter/)

> [The religious quality of Marxism also explains a characteristic attitude of the orthodox Marxist toward opponents. To him, as to any believer in a…](https://sms4smile.com/quotes/joseph-a-schumpeter/the-religious-quality-of-marxism-also-explains-a-characteristic/)

[Joseph A. Schumpeter](https://sms4smile.com/quotes/author/joseph-a-schumpeter/)

> [Want and effective demand are not the same thing. If they were, the poorest nations would be the ones to display the most vigorous…](https://sms4smile.com/quotes/joseph-a-schumpeter/want-and-effective-demand-are-not-the-same-thing-if-they-were-the/)

[Joseph A. Schumpeter](https://sms4smile.com/quotes/author/joseph-a-schumpeter/)

> [I know that it is not enough to be remembered for books and theories. One does not make a difference unless it is a…](https://sms4smile.com/quotes/joseph-a-schumpeter/i-know-that-it-is-not-enough-to-be-remembered-for-books-and-theories/)

[Joseph A. Schumpeter](https://sms4smile.com/quotes/author/joseph-a-schumpeter/)

> [Entrepreneurial profit is the expression of the value of what the entrepreneur contributes to production.](https://sms4smile.com/quotes/joseph-a-schumpeter/entrepreneurial-profit-is-the-expression-of-the-value-of-what-the/)

[Joseph A. Schumpeter](https://sms4smile.com/quotes/author/joseph-a-schumpeter/)

> [ Surely, nothing can be more plain or even more trite common sense than the proposition that innovation \[...\] is at the center of practically… ](https://sms4smile.com/quotes/joseph-a-schumpeter/surely-nothing-can-be-more-plain-or-even-more-trite-common-sense-than/)

[Joseph A. Schumpeter](https://sms4smile.com/quotes/author/joseph-a-schumpeter/)

> [The stock exchange is a poor substitute for the Holy Grail.](https://sms4smile.com/quotes/joseph-a-schumpeter/the-stock-exchange-is-a-poor-substitute-for-the-holy-grail/)

[Joseph A. Schumpeter](https://sms4smile.com/quotes/author/joseph-a-schumpeter/)

> [For the duration of its collective life, or the time during which its identity may be assumed, each class resembles a hotel or an…](https://sms4smile.com/quotes/joseph-a-schumpeter/for-the-duration-of-its-collective-life-or-the-time-during-which-its/)

[Joseph A. Schumpeter](https://sms4smile.com/quotes/author/joseph-a-schumpeter/)

> [The ballot is stronger than bullets.](https://sms4smile.com/quotes/joseph-a-schumpeter/the-ballot-is-stronger-than-bullets/)

[Joseph A. Schumpeter](https://sms4smile.com/quotes/author/joseph-a-schumpeter/)

> [Economic progress, in capitalist society, means turmoil.](https://sms4smile.com/quotes/joseph-a-schumpeter/economic-progress-in-capitalist-society-means-turmoil/)

[Joseph A. Schumpeter](https://sms4smile.com/quotes/author/joseph-a-schumpeter/)

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