Joseph Schumpeter and Neo-Classical Economics
$19.95 Buy and instantly download this paper now
Schumpeter's economic theories as they are outlined in "Capitalism, Democracy and Socialism" differ significantly from the neo-classical view of economics. The neo-classical view is outlined-with reference to Adam Smith as a representative neo-classical economist--and contrasted with Schumpeter's theories. Schumpeter's absorption of Marxism, his views on markets and monopolies, and his ruminations on the future of capitalism are highlighted and contrasted with the neo-classical paradigm.
Cite this Comparison Essay:
Joseph Schumpeter and Neo-Classical Economics (2003, September 28) Retrieved October 05, 2022, from https://www.academon.com/comparison-essay/joseph-schumpeter-and-neo-classical-economics-32207/
"Joseph Schumpeter and Neo-Classical Economics" 28 September 2003. Web. 05 October. 2022. <https://www.academon.com/comparison-essay/joseph-schumpeter-and-neo-classical-economics-32207/>