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Can Capitalism Survive?: Creative Destruction and the Future of the Global Economy

by Joseph A. Schumpeter

Capitalism and creative destruction

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Awards & Recognition

  • Author recognition

    The Nation praises Joseph Schumpeter

    The Nation praises Schumpeter as a farsighted economist and calls him a prophet of globalization.

AlbakiReads Editorial

Capitalism and creative destruction

Joseph A. Schumpeter’s Can Capitalism Survive? frames capitalism’s future as a question about the economic system’s own capacity to endure. The description identifies creative destruction as a central idea and points to Schumpeter’s answer—“No”—without giving away the reasoning that follows. The book presents an analysis of capitalism through an economic and social lens, making its central concern not simply how the global economy works, but whether capitalism can continue to do so.

Good fit for readers who enjoy

  • Readers interested in economic theories of capitalism and its future.
  • Those exploring creative destruction and the social dimensions of economics.

Themes

Capitalism and its durabilityCreative destructionSocial and behavioral economics

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Book overview

"Schumpeter was the most farsighted of twentieth-century economists. His focus on capitalism and creative destruction made him the prophet of globalization." -- The Nation

In this new addition to the Harper Perennial Modern Thought series, preeminent economist Joseph Schumpeter, author of Capitalism, Socialism, and Democracy, offers his celebrated answer to question everyone is now asking: Can Capitalism Survive? His answer: "No. I do not think it can." Learn his fascinating reason why in this book of philosophy, considered by many economists to be the finest analysis of capitalism ever written.

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