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Posted March 20, 2010
insightful, easy read.
Simply put; Schumpeter was way ahead of his time. This man saw the modern day process of capitalism with a clarity that is still a model. Like Hayek, he debunks theories of social planning and takes to task criticisms of capitalism. However unlike Hayek, he was skeptical of the fate of capitalism.
If you want to read a man who can speak to us from the past, like he has a magic ball, then this book is a must read. You will walk away with a new perspective on capitalism and socialism.
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