Schumpeter's Capitalism, Socialism, and Democracy is perhaps the most important and influential book on the subject ever written. This volume is the result of an effort to weld into a readable form the bulk of almost forty years' thought, observation and research on the subject of socialism. The problem of democracy forced its way into the place it now occupies in this volume because it proved impossible to state my views on the relation between the...

What is capitalism? Is capitalism the same everywhere? Is there an alternative? The word "capitalism" is one that is heard and used frequently, but what is capitalism really all about, and what does it mean? This Very Short Introduction addresses questions such as, "what is capital?" before discussing the history and development of capitalism through several detailed case studies, ranging from the tulipomania of 17th century Holland, the Great Depression...

In this classic discussion about economics, freedom, and the relationship between the two, Milton and Rose Friedman explain how our freedom has been eroded and our prosperity undermined through the explosion of laws, regulations, agencies, and spending in Washington, and how good intentions often produce deplorable results when government is the middleman. The Friedmans also provide remedies for these ills--they tell us what to do in order to expand...

"In this combative and controversial book, Terry Eagleton takes issue with the prejudice that Marxism is dead and done with. Taking ten of the most common objections to Marxism--that it leads to political tyranny, that it reduces everything to the economic, that it is a form of historical determinism, and so on--he demonstrates in each case what a woeful travesty of Marx's own thought these assumptions are. In a world in which capitalism has been...