We are currently making improvements to the Audible site. In an effort to enhance the accessibility experience for our customers, we have created a page to more easily navigate the new experience, available at the web address www.audible.com/access.
 >   > 
Joseph Schumpeter and Dynamic Economical Change | [Laurence S. Moss]

Joseph Schumpeter and Dynamic Economical Change

Joseph Schumpeter (1883-1950) viewed capitalism as a dynamic engine of progress. In his view, mature economic systems find a regular and stable routine of supply, demand, and exchange; Schumpeter called this the "circular flow". Entrepreneurs interrupt this circular flow with new ideas and visions about the economic future, recombining existing resources to create new and more valuable products and services.
Regular Price:$13.96
  • Membership Details:
    • First book free with 30-day trial
    • $14.95/month thereafter for your choice of 1 new book each month
    • Cancel easily anytime
    • Exchange books you don't like
    • All selected books are yours to keep, even if you cancel
  • - or -

Your Likes make Audible better!

'Likes' are shared on Facebook and Audible.com. We use your 'likes' to improve Audible.com for all our listeners.

You can turn off Audible.com sharing from your Account Details page.

OK

Publisher's Summary

Joseph Schumpeter (1883-1950) viewed capitalism as a dynamic engine of progress. In his view, mature economic systems find a regular and stable routine of supply, demand, and exchange; Schumpeter called this the "circular flow". Entrepreneurs interrupt this circular flow with new ideas and visions about the economic future, recombining existing resources to create new and more valuable products and services. Schumpeter saw the freedom of innovation and exchange as the foundation of material progress in capitalist economies.

Schumpeter called capitalism a process of "creative destruction" because it overthrows old routines and methods of production. But he recognized that this process is unstable, and therefore unsettling, for those who have become accustomed to established ways. Schumpeter predicted growing political opposition to capitalism, and a corresponding growth in socialism, in the 20th century.

©1988 by Carmichael & Carmichael, Inc. and Knowledge Products; (P)Blackstone Audiobooks

What Members Say

Average Customer Rating

3.4 (16 )
5 star
 (5)
4 star
 (4)
3 star
 (2)
2 star
 (3)
1 star
 (2)
Overall
3.6 (5 )
5 star
 (1)
4 star
 (2)
3 star
 (1)
2 star
 (1)
1 star
 (0)
Story
3.0 (4 )
5 star
 (0)
4 star
 (1)
3 star
 (2)
2 star
 (1)
1 star
 (0)
Performance
Sort by:
  •  
    Andy Westport, CT, United States 01-09-09
    Andy Westport, CT, United States 01-09-09 Member Since 2002
    HELPFUL VOTES
    559
    ratings
    REVIEWS
    451
    343
    FOLLOWERS
    FOLLOWING
    250
    0
    Overall
    "great narration, too tough to understand"

    Can't get much better than having Louis Ruckeyser narrate a book about Schumpeter. However, I think you need to be an economist to really understand this topic as laid out in the book.

    2 of 2 people found this review helpful
  •  
    Adrian Bryanston, South Africa 01-09-12
    Adrian Bryanston, South Africa 01-09-12 Member Since 2009
    ratings
    REVIEWS
    26
    4
    Overall
    Performance
    Story
    "Dull and irritating"
    Would you try another book from Laurence S. Moss and/or Louis Rukeyser?

    With a different narrator and style - perhaps, yes.


    What could Laurence S. Moss have done to make this a more enjoyable book for you?

    Learn to pronounce European names, the correct pronunciation of Schumpeter would be a start.


    How did the narrator detract from the book?

    Enormously. The use of


    What reaction did this book spark in you? Anger, sadness, disappointment?

    Irritation


    0 of 0 people found this review helpful
  • Showing: 1-2 of 2 results
Sort by:
  • Vauxhall Hoosier
    London, UK
    11/25/13
    Overall
    Performance
    Story
    "Disappointing"
    Would you try another book written by Laurence S. Moss or narrated by Louis Rukeyser?

    No - the writing did not cover the ground I expected.


    Would you ever listen to anything by Laurence S. Moss again?

    No.


    Have you listened to any of Louis Rukeyser’s other performances? How does this one compare?

    Have not listened to any others. Passages read in silly accents that I suppose were intended to sound like their authors' voices detracted from the performance.


    Any additional comments?

    I expected a book on Schumpeter's economic theories, but instead got a lot of biographical notes, a handful of quotations read in silly accents, and only a superficial overview of the economic theories. Very disappointing.

    0 of 0 people found this review helpful
  • Showing: 1-1 of 1 results

    There are no listener reviews for this title yet.

Report Inappropriate Content

If you find this review inappropriate and think it should be removed from our site, let us know. This report will be reviewed by Audible and we will take appropriate action.

Cancel

Thank You

Your report has been received. It will be reviewed by Audible and we will take appropriate action.