Capitalism, Socialism, and Democracy
&#x201C;The 20th century&#x2019;s foremost economist.&#x201D; (Steve Forbes,Forbes)&#x201C;The most influential economist of the 20th century.&#x201D; (Peter Drucker, Fortune)&#x201C;The great economist Joseph Schumpeter highlighted the role of innovation in powering the rise of new industries, the creative destruction of existing ones, and the growth in prosperity of economies.&#x201D; (Richard Florida,Atlantic)&#x201C;Schumpeter gave us stunning insights into how the world really works. We are now living, it is said, in the Age of Schumpeter. . . . Schumpeter was a powerful prophet, and he now offers dazzling insights into everything from the rise of Wal-Mart to prosperity&#x2019;s discontents.&#x201D; (Robert J. Samuelson, Newsweek)&#x201C;The greatest defense of capitalist, European civilization ever penned. . . . Schumpeter did more than anyone to persuade American leaders to preserve the capitalist system&#x201D; (American Conservative)&#x201C;Schumpeter may well be the most important economist of the 21st century.&#x201D; (J. Bradford DeLong, Chronicle of Higher Education)&#x201C;Schumpeter was the most farsighted of twentieth-century economists. His focus on capitalism and creative destruction made him the prophet of globalization.&#x201D; (The Nation)