Schumpeter [was "An end to history?"]

Tony Evans tevans at adelaide.on.net
Thu Aug 20 18:25:59 PDT 1998


I missed this earlier, but came across it when cleaning up my email. Would others agree that Schumpeter was a "conservative economist"?

Tony

James Farmelant wrote:


> ... The Russian robber barons are if anything
> de-industrializing Russia. The conservative economist Joseph
> Schumpeter once characterized capitalism as a process of creative
> destruction. But so far the Russian capitalists have shown more
> talent for destruction than they have had for creating anything positive.



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