ABSTRACT
Capitalism, Socialism and Democracy remains one of the greatest works of social theory written this century. When it first appeared the New English Weekly predicted that `for the next five to ten years it will cetainly remain a work with which no one who professes any degree of information on sociology or economics can afford to be unacquainted.' Fifty years on, this prediction seems a little understated.
Why has the work endured so well? Schumpeter's contention that the seeds of capitalism's decline were internal, and his equal and opposite hostility to centralist socialism have perplexed, engaged and infuriated readers since the book's publication. By refusing to become an advocate for either position Schumpeter was able both to make his own great and original contribution and to clear the way for a more balanced consideration of the most important social movements of his and our time.
TABLE OF CONTENTS
chapter
Introduction
part |58 pages
The Marxian Doctrine
chapter |2 pages
Prologue
chapter |4 pages
Marx the Prophet
chapter |12 pages
Marx the Sociologist
chapter |24 pages
Marx the Economist
chapter |14 pages
Marx the Teacher
part |105 pages
Can Capitalism Survive?
chapter |2 pages
Prologue
chapter |9 pages
The Rate of Increase of Total Output
chapter |9 pages
plausible Capitalism
chapter |6 pages
The Process of Creative Destruction
chapter |20 pages
Monopolistic Practices
chapter |4 pages
Closed Season
chapter |10 pages
The Vanishing of Investment Opportunity
chapter |10 pages
The Civilization of Capitalism
chapter |12 pages
Crumbling Walls
chapter |13 pages
Growing Hostility
chapter |8 pages
Decomposition
part |67 pages
Can Socialism Work?
chapter |5 pages
Clearing Decks
chapter |15 pages
The Socialist Blueprint
chapter |13 pages
Comparison of Blueprints
chapter |19 pages
The Human Element
chapter |13 pages
Transition
part |70 pages
Socialism and Democracy
chapter |15 pages
The Setting of the Problem
chapter |19 pages
The Classical Doctrine of Democracy
chapter |15 pages
Another Theory of Democracy
chapter |19 pages
The Inference
part |104 pages
A Historical Sketch of Socialist Parties