Joseph A. Schumpeter Quotes

"The ballot is stronger than bullets."
- Joseph A. Schumpeter

"Our poverty will be brought home to us to its full extent only after the war."
- Joseph A. Schumpeter
(Related: Home, War, Poverty, Will)

"Marxism is essentially a product of the bourgeois mind."
- Joseph A. Schumpeter
(Related: Marxism, Mind)

"Entrepreneurial profit is the expression of the value of what the entrepreneur contributes to production."
- Joseph A. Schumpeter
(Related: Expression, Production, Profit, Value)

"Democracy is a political method, that is to say, a certain type of institutional arrangement for arriving at political - legislative and administrative - decisions and hence incapable of being an end in itself."
- Joseph A. Schumpeter
(Related: Being, Decisions, Democracy, End)

"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
(Related: Civilization, Virtue, Capitalism, Interest, Logic)

"Bureaucracy is not an obstacle to democracy but an inevitable complement to it."
- Joseph A. Schumpeter
(Related: Bureaucracy, Democracy)

"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
(Related: Time, Life, People, Class, Identity, May)