I. Marxist Doctrine In Capitalism, Socialism and Democracy, Joseph Schumpeter begins with an in- depth analysis of Karl Marx’s thought. Considering Marx to be an indispensable figure, he examines the theoretical foundations of Marxism, serving as the basis for the idea of transition from capitalism to socialism. While recognizing the analytical richness of Marxist doctrine, Schumpeter combines respectful admiration with…
+Capitalism, Socialism and Democracy by Joseph Schumpeter
