Capitalism inevitably and by virtue of the very logic of its civilization creates, educates and subsidizes a vested interest in social unrest.
More Quotes from Joseph A. Schumpeter:
Economic progress, in capitalist society, means turmoil.Joseph A. Schumpeter
Marxism is essentially a product of the bourgeois mind.
Joseph A. Schumpeter
Bureaucracy is not an obstacle to democracy but an inevitable complement to it.
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 ballot is stronger than bullets.
Joseph A. Schumpeter
Entrepreneurial profit is the expression of the value of what the entrepreneur contributes to production.
Joseph A. Schumpeter
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