Capitalism, Socialism, and Democracy

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Capitalism, Socialism, and Democracy

By Joseph A. Schumpeter
Harper, 1942
381 pp. $3.50
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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.

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