[lbo-talk] Keynes: Marx and the Koran

[Carl Remick]

On 9/18/07, Eubulides <paraconsistent at comcast.net> wrote:
> andie nachgeborenen wrote:
>
> > Btw, for all who missed it, there was an interesting
> > long review in The Nation by Robin Blackburn of a life
> > of Joseph Schumpeter, an eccentrically conservative
> > but deeply brilliant Austrian economist -- Austrian in
> > the sense of, from Vienna, rather than in the sense of
> > Austrian School, Hayek and Mises. Schumpeter's the
> > fella that coined the term" creative destruction" to
> > describe capitalism; he's a genuine _political_
> > economist with a wide-scope vision, and his prescience
> > about the shape of the second half of the 20th century
> > and the start of the 21st is startling.
>
> ===================
>
> "Schumpeter is just Marx with the adjectives changed" [Joan Robinson]

Excellent!  I've mentioned at least a couple of times on the list that
Schumpeter got it all backwards and that the phenomenon he described
was actually "destructive creation."  I always think of him as a human
proctoscope, with his head jammed way up his fundament.

Carl