Capitalism Socialism and Democracy.

"This civilization is rapidly passing away, however. Let us rejoice or else lament the fact as much as everyone of us likes; but do not let us shut our eyes to it" First Edition of Schumpeter's Capitalism Socialism and Democracy; In the rare dust jacket

Capitalism Socialism and Democracy.


Item Number: 68028

New York: Harper & Brothers Publishers, 1942.

First edition of the economist’s ground-breaking work. Octavo, original cloth. Near fine in an excellent dust jacket with a few small chips to the crown and foot of the spine. Housed in a custom half morocco clamshell box. Exceptionally rare in the original dust jacket.

Capitalism, Socialism and Democracy is widely considered one of the greatest works on social theory written in the 20th century. Named by Modern Library as one of the 100 best non-fiction books of the twentieth century and by The Times Literary Supplement as one of the 100 most influential books since World War II. It is the third most cited book in the social sciences published before 1950, behind Marx's Capital and The Wealth of Nations by Adam Smith. “Schumpeter was the most farsighted of twentieth-century economists. His focus on capitalism and creative destruction made him the prophet of globalization” (The Nation).

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