Capitalism and Democracy in the 21st Century: Proceedings of the International Joseph A. Schumpeter Society Conference, Vienna 1998 "Capitalism and So

by Uwe Cantner

Joseph Schumpeter oscillated in his view about the type of economic system that was most conducive to growth. In his 1911 treatise, Schumpeter argued that a more decentralized and turbulent industry structure where the pro- cess of creative destruction was triggered by vigorous entrepreneurial ac- tivity was the engine of economic growth. But by 1942 Schumpeter had modified his theory, arguing instead that a more centralized and stable industry structure...

• Format: Paperback
• Language: English
• ISBN: 3790824801
• ISBN13: 9783790824803
• Release Date: October 2010
• Publisher: Physica-Verlag
• Length: 378 Pages
• Weight: 1.19 lbs.
• Dimensions: 0.8" x 6.1" x 9.2"