Now reading Schumpeter’s Capitalism, Socialism and Democracy.
You can read a bit of background on this economist and social theorist from this website.
It’s quite difficult to turn the pages quickly as there is so much information condensed in a page so unfortunately I have yet to comment on the content as only managed 22 pages! Hopefully at the end I will understand his view on capitalism. Capitalism has won over socialism, but surely it’s not perfect as is – why did such an economic melt down occur after perfecting the system over many years?
So still a long way to go to get any answers to my questions!
