Monday, February 24, 2020 Text is available under the CC BY-SA 3.0 licence.

Joseph Schumpeter (1883 – 1950)


Economist from Austria and an influential political scientist.
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Joseph Schumpeter
The stock exchange is a poor substitute for the Holy Grail.
Schumpeter quotes
The capitalist process shapes things and souls for socialism.
Schumpeter
Any existing structures and all the conditions of doing business are always in a process of change. Every situation is being upset before it has had time to work itself out. Economic progress, in a capitalist society, means turmoil.




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