“Woah! It's like Spotify but for academic articles.”

Instant Access to Thousands of Journals for just $40/month

Get 2 Weeks Free

Schumpeter on Preserving Private Enterprise

Schumpeter on Preserving Private Enterprise ” M I C H A E L R I M E a graduate student in the Depurtment of Economics at Queen’s P is University (Kingston) und D A V I DHENDERSON a graduate student in the Deis purtment of Economics at The University of California, Los Angeles. THE FUTURE OF PRIVATE ENTERPRISE IN THE FACE OF MODERN SOCIALISTIC TENDENCIES Joseph Schumpeter Predictions about the future of private enterprise must be preceded by an analysis of the results produced by this system up to the present, all the more so because the unfavorable predictions formulated by socialist and quasi-socialist groups are based almost exclusively on purely economic reasoning. Here then are the essential facts. (i) The indices of total production constructed for “capitalist” countries, although imperfect, bear witness to an annual increase of approximately at least 3 or 4 percent, an increase more regular than that of the population but always higher than the latter. Under the system of private enterprise, there was then, considerable progress as is indicated by the total production per inhabitant. Also, whatever may be the economic deficiencies of certain countries, it is not consumable products or the power of producing them which is http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png History of Political Economy Duke University Press

Loading next page...
 
/lp/duke-university-press/schumpeter-on-preserving-private-enterprise-tIKg1Ajakm

You're reading a free preview. Subscribe to read the entire article.

And millions more from thousands of peer-reviewed journals, for just $40/month

Get 2 Weeks Free

To be the best researcher, you need access to the best research

  • With DeepDyve, you can stop worrying about how much articles cost, or if it's too much hassle to order — it's all at your fingertips. Your research is important and deserves the top content.
  • Read from thousands of the leading scholarly journals from Springer, Elsevier, Nature, IEEE, Wiley-Blackwell and more.
  • All the latest content is available, no embargo periods.

Stop missing out on the latest updates in your field

  • We’ll send you automatic email updates on the keywords and journals you tell us are most important to you.
  • There is a lot of content out there, so we help you sift through it and stay organized.