Capitalism, Socialism and Democracy

Schumpeter, J. A. (1942). Capitalism, Socialism and Democracy.

Type

Book

Intellectual base

Review or monograph

Year

1942

Link

https://archive.org/details/capitalismsocial0000schu_e8r2

Cited from

economics_finance

Cited by

2 citations across 2 artifacts.

Each citation links to the sentence it supports in the citing article.

Primes

• Creative Destruction
  • The construct was named by Joseph Schumpeter (1942) in Capitalism, Socialism and Democracy

    This sourceThe chapter "The Process of Creative Destruction" names and defines the construct as the essential fact about capitalism — the perennial gale of innovation incessantly destroying the old structure and creating a new one; supports the naming/attribution claim.

Domain-specific

• Entrepreneurial Discovery
  • Creative destruction, in Schumpeter's account, has innovation displace incumbents; casting that as disequilibrating — pushing the system away from its current rest — is Kirzner's contrast, not Schumpeter's own

    This sourceSchumpeter's chapter on creative destruction, which supplies the displacement of incumbents - competition striking at existing firms' foundations and their very lives - and in which the disequilibrating framing the sentence assigns elsewhere is indeed absent; Kirzner's Competition and Entrepreneurship (1973) carries that contrast.

Verification

This reference passed the adversarial substantiation pipeline: it was checked to exist and to support the claim it is attached to. See how references were verified.

Registry ID ref:5eef7d1c2424 · see in the full table