New York: Harper & Brothers, 1942, x, 381 pp.; New York: Harper Perennial Modern Thought, 2008, xxxii, 431 pp.

From Harper & Brothers:

Capitalism, Socialism and Democracy is one of the great classics in twentieth century social science. What makes Schumpeter’s book so brilliant are three things in particular: its novel view of democracy; its heretic analysis of the workings of the capitalist economy; and its provocative argument that capitalism is bound to disappear – not because of its failure, but because of its success. Schumpeterʹs style, it should be emphasized, also makes the book a pleasure to read.

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