"The essential point to grasp is that in……" — Joseph A. Schumpeter
"The essential point to grasp is that in dealing with capitalism we are dealing with an evolutionary process"
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Joseph A. Schumpeter
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47 Quotes by Joseph A. Schumpeter
Joseph A. Schumpeter has 47 quotes on this site.
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For the duration of its collective life, or the time during which its identity may be assumed, each class resembles…
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Our poverty will be brought home to us to its full extent only after the war.
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It is however always important to remember that the ability to see things in their correct perspective may be, and…
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The perennial gale of creative destruction
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The evolution of the capitalist style of life could be easily - and perhaps most tellingly - described in terms…
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It is not true that democracy will always safeguard freedom of conscience better than autocracy. Witness the most famous of…
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The typical citizen drops down to a lower level of mental performance as soon as he enters the political field.…
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The modern mind dislikes gold because it blurts out unpleasant truths.
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The function of entrepreneurs is to reform or revolutionize the pattern of production by exploiting an invention or, more generally,…
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Geniuses and prophets do not usually excel in professional learning, and their originality, if any, is often due precisely to…
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This civilization is rapidly passing away, however. Let us rejoice or else lament the fact as much as everyone of…
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The success of everything depends on intuition, the capacity of seeing things in a way which afterwards proves to be…
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