Joseph A. Schumpeter (1883-1950). Originally born in Moravia in the present-day Czech Republic, Schumpeter was a renowned Economist, Business Theorist and Political Scientist. He has numbered among his pupils Robert Solow, the Nobel Laureate, and former chairman of the Federal Reserve Alan Greenspan.
Introduction. Part I: The Marxian Doctrine. Prologue. I. Marx the Prophet.
II. Marx the Sociologist. III. Marx the Economist. IV Marx the Teacher.
Part II: Can Capitalism Survive? Prologue. V. The Rate of Increase of Total
Output. VI. Plausible Capitalism. VII. The Process of Creative Destruction.
VIII. Monopolistics Practices. IX. Closed Season. X. The Vanishing of
Investment Opportunity. XI. The Civilization of Capitalism. XII. Crumbling
Walls. XIII. Growing Hostility. XIV. Decomposition. Part III: Can Socialism
Work? XV. Clearing Decks. XVI. The Socialist Blueprint. XVII. Comparison of
Blueprints. XVIII. The Human Element. XIX. Transition. Part IV: Socialism
and Democracy. XX. The Setting of the Problem. XXI. The Classical Doctrine
of Democracy. XXII. Another Theory of Democracy. XXIII. The Inference. Part
V: A Historical Sketch of Socialist Parties. Prologue. XXIV. The Nonage.
XXV. The Situation that Marx Faced. XXVI. From 1875 to 1914. XXVII. From
the First to the Second World War. XXVIII. The Consequences of the Second
World War. Preface to the First Edition, 1942. Preface to the Second
Edition, 1946. Preface to the Third Edition, 1949. The March Into
Socialism. Index.
