TY - BOOK AU - Schumpeter,Joseph A. TI - Capitalism, socialism, and democracy SN - 0043350313 : U1 - 330.1 PY - 1952/// CY - London PB - Allen and Unwin KW - Economic systems. KW - Socialism KW - Capitalism KW - Democracy N1 - Includes bibliographical references and index N2 - This essay, written by Joseph Schumpeter puts forth a theory of democracy that challenges the “classical doctrine.” Schumpeter, one of the most influential economists of the twentieth century, critiques the assumptions underlying the classical theory of democracy, instead advocating a minimalist model whereby democracy is the mechanism for competition between leaders ER -