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(1936): The General Theory of Employment, Interest, and Money. (2012): “What Should We Be Teaching in Basic Economics Courses?,” Journal of Economic Education, 43 (3), 300-307. Keynes: “In the Long Run Not All of Us Are Dead”,” Journal of the History of Economic Thought, 31 (4), 531-541.Įditorial Board (2018): “What Will New York Do About Its Uber Problem?,” New York Times, May 7. (2007): “The Neglect of Creative Destruction in Micro-Principles Texts,” History of Economic Ideas, 26 (4), 352-356.ĭiamond, Jr., A. Logan (2019): “Teaching and Learning Schumpeter: A Dialogue Between Professor and Student,” working paper.ĭiamond, Jr., A. Keynes Redux: “Still Not Dead”,” working paper.ĭalton, J. San Francisco, CA: Stripe Press.ĭalton, J. (2017): “Uber-A Story of Destructive Creation,” Forbes, October.Ĭowen (2018): Stubborn Attachments: A Vision for a Society of Free, Prosperous, and Responsible Individuals. (2011): “How I Did It: Blockbuster’s Former CEO on Sparring with an Activist Shareholder,” Harvard Business Review, April.īirkinshaw, J. O - Economic Development, Innovation, Technological Change, and Growth > O3 - Innovation Research and Development Technological Change Intellectual Property RightsĪntioco, J. Joseph Schumpeter Capitalism, Socialism and Democracy Innovation Entrepreneurship Creative Destructionī - History of Economic Thought, Methodology, and Heterodox Approaches > B3 - History of Economic Thought: Individuals > B31 - Individuals

Item Type:Ī Vision for a Dynamic World: Reading Capitalism, Socialism and Democracy for Today Instead of tackling all these ideas in depth, we discuss the book's usefulness for readers today by focusing on Schumpeter's Big Idea-'creative destruction.' We conclude by discussing how influential CSD has been, and continues to be, in the social sciences and then provide suggestions for those interested in reading CSD today. Throughout our summary, we highlight the key arguments and touch on many ideas in the book, such as Schumpeter's description of socialism and his theory of democracy. Then, we summarize the book, which Schumpeter divided into five separate parts on Marx, capitalism, socialism, democracy, and a history of socialist parties. We begin the paper by briefly describing some background on Schumpeter and the context in which CSD was written. This paper was written for a symposium on 'Reconsidering the Classics.' Rereading Joseph Schumpeter's Capitalism, Socialism and Democracy (CSD) for today, we argue Schumpeter's vision for a dynamic world remains essential for understanding the world.

A Vision for a Dynamic World: Reading Capitalism, Socialism and Democracy for Today.

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