Reviews for Schumpeter's Capitalism, socialism, and democracy after forty years

The average rating for Schumpeter's Capitalism, socialism, and democracy after forty years based on 2 reviews is 3 stars.

Review # 1 was written on 2019-02-28 00:00:00 Chris Romanoski I'm glad I read this, but I can't say I particularly enjoyed it. I am confounded as to why the authors chose to reprint this 1976 publication in 2011, yet neglected to update the material with contemporary data. Their main thesis is that the educational structure of American schooling is intentionally mirrored to the American capitalist economic system, matching student production to fill the requirements of the economic class structure. There is no denying that the last 35 years have seen an intensification of class hierarchy, as evidenced by the 1%. But issues of workforce equality, racial disparity, mass incarceration, social services, and educational trends have complicated the issue, and it feels almost irresponsible that the authors do not address that further than their short and breezy Introduction. The authors still stand by their assertion that the only solution is a cross-class total revolution to Marxist socialism, but they fail to provide practical advice on just how that's supposed to happen. They do warn it might be bloody. "Socialism" is such a loaded buzzword in today's political climate; I'd appreciate if the authors took the intellectual responsibility of applying their analysis to the contemporary nuances of today's world. This text is good at establishing baseline (but out-of-date) facts and raising interesting questions, but fails to provide legitimate answers or practical solutions.

Review # 2 was written on 2013-05-13 00:00:00 Michelle Martinez The classic Marxist sociology of education that defined and shaped all other modern analyses of education, labor, and class.