#2937

Mentioned in 10 episodes

Capitalism, Socialism and Democracy

Book • 1942

Joseph Schumpeter

In this seminal work, Joseph A. Schumpeter analyzes the processes of capitalism, arguing that it is both innovative and unstable due to the concept of 'creative destruction', where continuous innovation disrupts established industries.

The book also examines the potential replacement of capitalism by socialism and discusses the future of democracy in evolving economic structures.

Schumpeter presents a balanced view of both capitalist and socialist systems through theoretical models and comparative analysis, and he predicts that capitalism might eventually give way to socialism due to internal societal and economic changes rather than external failures.

Mentioned by

Anthony Scaramucci

Robyn Klingler-Vidra

Randall Holcomb

Matthew Goodwin

Mentioned in 10 episodes

Mentioned by

Nick Gillespie

to illustrate the idea that capitalism, while disruptive, ultimately benefits consumers.

Libertarian Says What? with Nick Gillespie

Mentioned by

Adam C. Jones

in the context of Austrian economics and its relation to Peter Thiel's views.

Peter Thiel Unmasked: From Lapsed Libertarian to Architect of the New Right

Mentioned by

Sean Illing

in relation to the concept of creative destruction within capitalism.

The free-market century is over

Mentioned by

Jeffery Degner

, who references a passage about the mindset people adopt in an interventionist economy, leading to hyper-rationalization and consumerism.

Ep. 2676 Inflation vs. Families, Children, and Social Health

Mentioned by

Randall Holcomb

when discussing the survival of capitalism.

Political Capitalism and the Power of Elites: Randall Holcombe

Mentioned as the author of a book that highlights the existence of anti-modern intellectuals even before postmodernism.

Why the West Turned on Itself | Maarten Boudry | Ep. 63

Mentioned by

Leah Downey

as a book she read during her undergraduate studies.

Leah Downey, "Our Money: Monetary Policy as If Democracy Matters" (Princeton UP, 2024)

Mentioned by

Russ Roberts

as a book discussing capitalism, socialism, and democracy.

Michael Munger on Antitrust

Yaël Ossowski

mentions Joseph Schumpeter in the context of capitalistic markets and cycles of decay and rebuilding.

#642: The Weaponized Bank Secrecy Act with Yaël Ossowski

Mentioned by

Jeremy Gilbert

while discussing the theory of disruptive innovation and its association with Schumpeter's concept of creative destruction.

ACFM Trip 47: Disruption

Mentioned by

Jeremy Gilbert

while discussing the theory of disruptive innovation and creative destruction in capitalism.

ACFM Trip 47: Disruption

Mentioned by

Arthur Diamond

as the author of "Capitalism, Socialism, and Democracy", where he introduces the concept of creative destruction.

Arthur Diamond on Openness to Creative Destruction

Mentioned by

Matthew Goodwin

as a book that predicted the current political realignment.

Matthew Goodwin: Why Labour Lost the Election

Mentioned by

Sean Illing

when discussing creative destruction and the pace of technological change.

The free-market century is over

Mentioned by

Anthony Scaramucci

in relation to creative destruction and government intervention in markets.

Marc Faber On Bubbles, Markets & Inflation

Mentioned by

Leah Downey

as a book she read during her undergraduate studies.

Leah Downey, "Our Money: Monetary Policy as If Democracy Matters" (Princeton UP, 2024)

Mentioned by

Robyn Klingler-Vidra

when discussing the role of startups in driving innovation and challenging incumbent firms.

Innovation Wars: The Global Race for Startup Supremacy

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