Intro to Joseph Schumpeter - Chapter 1

This video covers Chapter 1 of Capitalism, Socialism and Democracy by Joseph A. Schumpeter.

pages summarized: 6

[stephenhemingway]

That book has been sitting on the shelf in my office for 3 years. Now I have to read it.

[chrisloukas]

I jus started reading Schumpeter and you posted this. Thank you so much.

[MartinAmbrosiusHackl]

I’m German and you pronounce Schumpeter rather correct at your initial attempt. The second version sounds a lot stranger - mostly because of the vowels.

Greets from Haan (Rhld.)
🙂

[RextheRebel]

I always thought people's interest in Marx and socialism persists despite everything due to the fact that people experience what he talked about first hand. Its not some theory if what is laid out can be felt and observed directly. Giving it legitimacy.

[mapk]

Can you do a video on Henry George and his book "Progress and Poverty"

[veronikaholubova]

Fun fact is that your pronunciation is right, it's very similar to czech pronunciation and Schumpeter was originally from Czechia, only Germans pronounce it differently.

[Mr]

Why why why did you stop to post new Please come back!!

[psikeyhackr]

Schumpeter does not mention durable consumer goods much less the depreciation of durable consumer goods.

So what can he say about Planned Obsolescence being equivalent to a high technology form of share cropping.

[davidsa]

Is the kid thinking about food because he's starving or is he pondering the future invention of the cheeseburger? Both things are bleak.

[sdkdoom]

At 1:15 it becomes clear as crystal that Schumpeter has never ever read marx. Anything beyond this is a waste of time and toxic to your intellectual mind.