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.

Quote by Joseph A Schumpeter

Topics: Joseph A Schumpeter Quotes

Marxism is essentially a product of the bourgeois mind.

Marxism is essentially a product of the bourgeois mind.

For the duration of its collective life, or the time during which its identity may...

For the duration of its collective life, or the time during which its identity may...

Entrepreneurial profit is the expression of the value of what the entrepreneur contributes to production.

Entrepreneurial profit is the expression of the value of what the entrepreneur contributes to production.

Economic progress, in capitalist society, means turmoil.

Economic progress, in capitalist society, means turmoil.

Bureaucracy is not an obstacle to democracy but an inevitable complement to it.

Bureaucracy is not an obstacle to democracy but an inevitable complement to it.

Capitalism inevitably and by virtue of the very logic of its civilization creates, educates and...

Capitalism inevitably and by virtue of the very logic of its civilization creates, educates and...

The ballot is stronger than bullets.

The ballot is stronger than bullets.

The question that is so clearly in many potential parents' minds: 'Why should we stunt...

The question that is so clearly in many potential parents' minds: 'Why should we stunt...

The ballot is stronger than bullets.

The ballot is stronger than bullets.

Our poverty will be brought home to us to its full extent only after the...

Our poverty will be brought home to us to its full extent only after the...