Schumpeter's Market: Enterprise and EvolutionExamining the evidence from all Schumpeter's published work, the book aims to fill a gap in the literature of economic thought. Partly because Schumpeter was so prolific, partly because he touched on so many inter-related topics, there have been few b |
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Results 1-5 of 60
Page
... prediction of change 3.1 Tendencies and tendency laws Ideology and science 4. The capitalist economy 3.2 3.3 The social economy 4.1 The definition of capitalism 4.2 The entrepreneur 3 13 4 11 17 21 21 25 29 48 48 56 5.1 Individual and ...
... prediction of change 3.1 Tendencies and tendency laws Ideology and science 4. The capitalist economy 3.2 3.3 The social economy 4.1 The definition of capitalism 4.2 The entrepreneur 3 13 4 11 17 21 21 25 29 48 48 56 5.1 Individual and ...
Page 12
... predictions from his personal ideals . He made clear that he did not intend to take sides . Schumpeter saw himself as a scholar who wanted to learn . He also saw himself as an educator who wanted to teach . In his farewell address to ...
... predictions from his personal ideals . He made clear that he did not intend to take sides . Schumpeter saw himself as a scholar who wanted to learn . He also saw himself as an educator who wanted to teach . In his farewell address to ...
Page 13
... predictions . Different ' visions ' necessitating different starting - points must produce different interpretations . Economics artificially abstracts an isolated dimension of a phenomenon that is not visible save in a multi - strand ...
... predictions . Different ' visions ' necessitating different starting - points must produce different interpretations . Economics artificially abstracts an isolated dimension of a phenomenon that is not visible save in a multi - strand ...
Page 19
... prediction in the whole of Marxian economics that made any sense to him . Marx imputed class consciousness to the ... predicted that mental mutilation would be the consequence of division of labour . Schumpeter showed little interest in ...
... prediction in the whole of Marxian economics that made any sense to him . Marx imputed class consciousness to the ... predicted that mental mutilation would be the consequence of division of labour . Schumpeter showed little interest in ...
Page 20
... 1991 : 11 , 170 ) . Capitalism is dying of ennui and disgust . Marxism nonetheless has no body of theory that would enable it to diagnose the disease . 3. The prediction of change Matter is in motion . 20 Schumpeter's market.
... 1991 : 11 , 170 ) . Capitalism is dying of ennui and disgust . Marxism nonetheless has no body of theory that would enable it to diagnose the disease . 3. The prediction of change Matter is in motion . 20 Schumpeter's market.
Contents
1 | |
3 | |
4 | |
11 | |
17 | |
21 | |
32 IDEOLOGY AND SCIENCE | 25 |
33 THE SOCIAL ECONOMY | 29 |
83 ALLOCATIVE EFFICIENCY | 151 |
The sociology of socialism | 159 |
91 CULTURE AND SOCIALISM | 160 |
92 NATIONAL CHARACTER | 164 |
93 POWER AND PARTICIPATION | 168 |
Continuity and change | 177 |
101 SOCIETY | 178 |
102 ECONOMY | 189 |
The capitalist economy | 48 |
42 THE ENTREPRENEUR | 56 |
43 ENTREPRENEURSHIP WHAT IT IS NOT | 65 |
Corporate capitalism | 71 |
51 INDIVIDUAL AND TEAM | 72 |
52 COMPETITION AND MONOPOLY | 80 |
53 MONOPOLY AND INNOVATION | 87 |
The sociology of capitalism | 97 |
61 SOCIAL STRATIFICATION | 98 |
62 IMPERIALISM AND EXCHANGE | 109 |
63 MOTIVATION | 115 |
The socialist economy | 122 |
72 FROM CORPORATION TO STATE | 127 |
73 COUNTERVAILING FORCES | 135 |
Market and plan | 139 |
81 PRODUCTIVE EFFICIENCY | 140 |
82 MARKET SOCIALISM | 145 |
103 POLITY | 194 |
Continuity change and socialism | 205 |
111 SOCIETY | 208 |
112 ECONOMY | 212 |
113 POLITY | 216 |
The macroeconomics of success | 220 |
121 GROWTH AND DEVELOPMENT | 221 |
122 SAVINGS AND INVESTMENT | 223 |
123 EMPLOYMENT AND PRICES | 234 |
The cycle | 243 |
131 EVOLUTION IN WAVES | 244 |
132 PEAKS AND TROUGHS | 251 |
133 CONTINUITY AND BREACH | 258 |
Conclusion | 270 |
References | 272 |
Index | 283 |
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Common terms and phrases
A.C. Pigou able Alfred Marshall allocative efficiency aristocracy banks become bourgeois bourgeoisie bureaucracy Business Cycles capitalist capitalist process cause ceteris paribus competition consumer corporate capitalism cost create creative destruction cultural demand dynamic Economic Development economic sociology economic theory economist efficiency enterprise entrepreneur entrepreneurship equilibrium evolution existing expected fact finance firm function future Galbraith growth Hayek Hilferding historical Imperialism income individual industry innovation institutions intellectuals interest investment Keynes Keynesian labour less logic macroeconomic market socialism Marshall Marx Marxian Marxism maximise means Methodological individualism Mises modern monopoly never organisation output past perfect competition planners political possible prediction production profit rational reason recognised rise Schumpeter believed Schumpeter says Schumpeter writes Schumpeter's Schumpeter's economics Schumpeterian sector sense Socialism and Democracy socialist society structure success supply Swedberg technological tendency things unemployment values vision Walras wants
Popular passages
Page 18 - The mode of production in material life determines the general character of the social, political and spiritual processes of life. It is not the consciousness of men that determines their existence, but on the contrary their social existence that determines their consciousness.
Page 58 - The bourgeoisie cannot exist without constantly revolutionizing the instruments of production, and thereby the relations of production, and with them the whole relations of society.
Page 58 - Constant revolutionizing of production, uninterrupted disturbance of all social conditions, everlasting uncertainty and agitation distinguish the bourgeois epoch from all earlier ones. All fixed, fast-frozen relations, with their train of ancient and venerable prejudices and opinions, are swept away, all new-formed ones become antiquated before they can ossify. All that is solid melts into air...
Page 57 - The fundamental impulse that sets and keeps the capitalist engine in motion comes from the new consumers' goods, the new methods of production or transportation, the new markets, the new forms of industrial organization that capitalist enterprise creates.
Page 57 - I may use that biological term — that incessantly revolutionizes the economic structure from within, incessantly destroying the old one, incessantly creating a new one.
Page 58 - Schumpeter (1975/1942, p. 132) argues that "the function of entrepreneurs is to reform or revolutionize the pattern of production by exploiting an invention or, more generally, an untried technological possibility for producing a new commodity or producing an old one in a new way, by opening up a new source of supply of materials or a new outlet for production, by reorganizing an industry and so on.
Page 81 - As soon as we go into details and inquire into the individual items in which progress was most conspicuous, the trail leads not to the doors of those firms that work under conditions of comparatively free competition but precisely to the doors of the large concerns...
Page 137 - Not ideas, but material and ideal interests, directly govern men's conduct. Yet very frequently the ‘world images' that have been created by ‘ideas' have, like switchmen, determined the tracks along which action has been pushed by the dynamic of interest.
Page 86 - It is, however, the producer who as a rule initiates economic change, and consumers are educated by him if necessary; they are, as it were, taught to want new things, or things which differ in some respect or other from those which they have been in the habit of using. Therefore, while it is permissible and even necessary to consider consumers...
References to this book
Entrepreneurship and Small Business Development in Post-socialist Economies David Smallbone,Friederike Welter No preview available - 2009 |