| Author: | Caeldries, F. |
| Title: | On the sustainability of the capitalist order: Schumpeter's capitalism, socialism and democracy revisited |
| Journal: | Journal of Socio-Economics
1993 : FALL, VOL. 22:3, p. 163-185 |
| Index terms: | CAPITALISM SOCIALISM DEMOCRACY |
| Language: | eng |
| Abstract: | The present study provides a contemporary reading of Schumpeter's instability-of-capitalism thesis as formulated in Capitalism, Socialism and Democracy. The study of the sustainability of the Western position in capitalism focuses on: the dissociation between private and social objectives in welfare capitalism; the deconstruction of the moral-ethical principles on which the capitalist order was founded; the threat of egalitarianism; the role of the intellectual class; and the cultural contradictions of capitalism. |
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