Reviews for Capitalism, socialism, and democracy

The average rating for Capitalism, socialism, and democracy based on 2 reviews is 4.5 stars.

Review # 1 was written on 2015-02-20 00:00:00 Tammy Slagle Introduction --Capitalism, Socialism and Democracy Prefaces and Comments on Later Developments: Preface to the First Edition, 1942 Preface to the Second Edition, 1946 Preface to the Third Edition, 1949 The March into Socialism Notes Index

Review # 2 was written on 2011-01-03 00:00:00 FRED BARNES Comment: In the end it will be seen that the greatest enemy of capitalism was always democracy, i.e. the will of the people. Once the people turn anti-capitalistic, under the influence of a disaffected intelligencia, there is absolutely nothing that can stand against them. Schumpeter at one and the same time believes that Capitalism is the most adequate description of economic reality and that it is doomed. How is this possible? - But it is exactly as the Savior of the Christians said so long ago: 'Man does not live by bread alone.' Capitalism provides bread but lacks drama, romance, myth; that is why economic 'irrelevancies' and 'irrationalities' like (say) Communism and Christianity can never be (entirely) won over or destroyed. - What Capitalism cannot deliver will be discovered, or created, somewhere else. Eventually, one of these discoveries or creations will end the Capitalist era.