Joseph A. Schumpeter

Our poverty will be brought home to us to its full extent only after the war. ↗

— Joseph A. Schumpeter

#brought #extent #full #home #only

Bureaucracy is not an obstacle to democracy but an inevitable complement to it. ↗

— Joseph A. Schumpeter

#complement #democracy #inevitable #obstacle

Entrepreneurial profit is the expression of the value of what the entrepreneur contributes to production. ↗

— Joseph A. Schumpeter

#entrepreneur #entrepreneurial #expression #production #profit

Marxism is essentially a product of the bourgeois mind. ↗

— Joseph A. Schumpeter

#essentially #marxism #mind #product

Capitalism inevitably and by virtue of the very logic of its civilization creates, educates and subsidizes a vested interest in social unrest. ↗

— Joseph A. Schumpeter

#civilization #creates #educates #inevitably #interest

For the duration of its collective life, or the time during which its identity may be assumed, each class resembles a hotel or an omnibus, always full, but always of different people. ↗

— Joseph A. Schumpeter

#assumed #class #collective #different #different people

The ballot is stronger than bullets. ↗

— Joseph A. Schumpeter

#bullets #stronger #than

Economic progress, in capitalist society, means turmoil. ↗

— Joseph A. Schumpeter

#capitalist society #economic #means #progress #society