Economic progress, in capitalist society, means turmoil.
More Quotes from Joseph A. Schumpeter:
The question that is so clearly in many potential parents' minds Why should we stunt our ambitions and impoverish our lives in order to be insulted and looked down upon in our old age.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 omnibus, always full, but always of different people.
Joseph A. Schumpeter
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.
Joseph A. Schumpeter
The evolution of the capitalist style of life could be easily -- and perhaps most tellingly -- described in terms of the genesis of the modern Lounge Suit.
Joseph A. Schumpeter
To the believer Marxism presents, first, a system of ultimate ends that embody the meaning of life and are absolute standards by which to judge events and actions . . .
Joseph A. Schumpeter
Capitalism inevitably and by virtue of the very logic of its civilization creates, educates and subsidizes a vested interest in social unrest.
Joseph A. Schumpeter
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Based on Topics: Economics Quotes, Progress Quotes, Society & Civilization QuotesBased on Keywords: turmoil
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