Transcription of CAPITALISM, SOCIALISM
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CAPITALISM, SOCIALISM
CAPITALISM, SOCIALISMAND DEMOCRACYWhen Joseph Schumpeter s book first appeared, the New English Weeklypredicted that for the next five to ten years it will certainly remain awork with which no one who professes any degree of information onsociology or economics can afford to be unacquainted . The prophecy hasbeen justified, but how much more fully than its maker anticipated. Ageneration later, it is more widely read than when it first appeared. Themixed economy has become established in North America as well as inthe countries of the European Community, while in the socialist countriesthere has been a move towards various forms of decentralisation and ofa market economy.
III. Communism and the Russian Element 358 IV. Administering Capitalism? 363 V. The Present War and the Future of Socialist Parties 373 XXVIII. The Consequences of the Second World War 376 I. England and Orthodox Socialism 377 II. Economic Possibilities in the United States 380 1. Redistribution of Income through Taxation 381 2. The Great ...
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