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- Title
SCHUMPETER AND MARX: IMPERIALISM AND SOCIAL CLASS IN THE SCHUMPETERIAN SYSTEM.
- Authors
Taylor, O. H.
- Abstract
The article discusses economists Joseph A. Schumpeter and Karl Marx's theory on imperialism and social classes. It also presents the differences between economics and sociology according to Schumpeter. The article attempts a broad though inadequate, discussion of them in that latter connection, and thus also of Schumpeter and his structure of thought as a whole. Economists who conceive of their science in traditional and rather narrowly restrictive terms and that means most of the economics profession in this country today will naturally be inclined to treat Schumpeter's essays on imperialism and social classes as forays into other fields essentially unrelated to his main work on business cycles and the theory of economic development.
- Subjects
SOCIAL classes; ECONOMISTS; POLITICAL doctrines; ECONOMIC activity; IMPERIALISM; BUSINESS cycles; ECONOMIC indicators
- Publication
Quarterly Journal of Economics, 1951, Vol 65, Issue 4, p525
- ISSN
0033-5533
- Publication type
Article
- DOI
10.2307/1882578