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Thinking Rich

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Thinking Rich

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One of the twentieth century’s most influential economists was Joseph Schumpeter. Writing post the 1930s Great Depression, Schumpeter noted that “economists and popular writers have once more run away with some fragments of reality they happened to grasp.” Some eighty years later than his book Can Capitalism Survive? was first published, the same charges could be laid economists and popular writers today. Events such as the dot.com crash of 2000 followed by the 2008 Global Financial Crisis have provided the commentariat economica reasons to challenge the morality of capitalism and its distribution of wealth and income.

Redefining Capitalism

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