In This Review

Capitalism, Socialism, and Democracy
Capitalism, Socialism, and Democracy
By Joseph A. Schumpeter
Harper, 1942, 381 pp.

A provocative analysis of Marxian doctrines, a prediction of "the inevitable decomposition of capitalist society," an appraisal of the practicability of Socialism as an alternative, and a review of the history of the Socialist parties in the principal countries. The author is professor of economics at Harvard.