Capitalism, Socialism and Democracy remains one of the greatest works of social theory written this century.

Several of the essays are classics. In this new edition, Schumpeter's Essays can finally be read with the enjoyment and enlightenment they deserve. The volume is alive to the basic issues of our time.

Schumpeter's Capitalism, Socialism, and Democracy is perhaps the most important and influential book on the subject ever written This volume is the result of an effort to weld into a readable form the bulk of almost forty years' thought, ...

Schumpeter perceived economics as a human science, and this volume reflects that perception.

This is the third of a trilogy by Schumpeter on business. It shows how he attempted to construct a theory of the process of economic change in time, aided by historical material and numerous models.