Economic progress, in capitalist society, means turmoil.
- Joseph A. Schumpeter
Society, Capitalist, Means, Turmoil
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
Civilization, Very, Educates, Unrest
Bureaucracy is not an obstacle to democracy but an inevitable complement to it.
- Joseph A. Schumpeter
Bureaucracy, Inevitable, Complement
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
Political, Say, Method, Incapable
Entrepreneurial profit is the expression of the value of what the entrepreneur contributes to production.
- Joseph A. Schumpeter
Expression, Production, Entrepreneur
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
Always, May, Which, Duration
The ballot is stronger than bullets.
- Joseph A. Schumpeter
Stronger, Than, Ballot, Bullets
Marxism is essentially a product of the bourgeois mind.
- Joseph A. Schumpeter
Mind, Bourgeois, Marxism, Essentially
Our poverty will be brought home to us to its full extent only after the war.
- Joseph A. Schumpeter
Will, Only, Brought, Extent
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