by Summary:
The Austrian economist Joseph Schumpeter believed that the triumph of socialism was inevitable, but he rejected the Marxist view of how capitalism works. His ideas are a stimulating challenge for those seeking an alternative to capitalism today....Schumpeter was Austrian by birth and associated with members of what became the Austrian School as a student of Eugen von Böhm-Bawerk at the University of Vienna, but he did not identify himself with any school of economics and considered himself independent. Incidentally, Hyman Minsky was a student of Schumpeter and Randy Wray was a student of Minsky, so there is a link between the development of MMT and Schumpeter.JacobinJoseph Schumpeter and the Economics of ImperialismJohn E. King | professor emeritus at La Trobe University,
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The Austrian economist Joseph Schumpeter believed that the triumph of socialism was inevitable, but he rejected the Marxist view of how capitalism works. His ideas are a stimulating challenge for those seeking an alternative to capitalism today....Schumpeter was Austrian by birth and associated with members of what became the Austrian School as a student of Eugen von Böhm-Bawerk at the University of Vienna, but he did not identify himself with any school of economics and considered himself independent. Incidentally, Hyman Minsky was a student of Schumpeter and Randy Wray was a student of Minsky, so there is a link between the development of MMT and Schumpeter.JacobinJoseph Schumpeter and the Economics of ImperialismJohn E. King | professor emeritus at La Trobe University,
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
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The Austrian economist Joseph Schumpeter believed that the triumph of socialism was inevitable, but he rejected the Marxist view of how capitalism works. His ideas are a stimulating challenge for those seeking an alternative to capitalism today....Schumpeter was Austrian by birth and associated with members of what became the Austrian School as a student of Eugen von Böhm-Bawerk at the University of Vienna, but he did not identify himself with any school of economics and considered himself independent. Incidentally, Hyman Minsky was a student of Schumpeter and Randy Wray was a student of Minsky, so there is a link between the development of MMT and Schumpeter.
Jacobin
Joseph Schumpeter and the Economics of Imperialism
John E. King | professor emeritus at La Trobe University, Australia
https://jacobinmag.com/2022/01/joseph-schumpeter-economics-imperialism-marxism
https://jacobinmag.com/2022/01/joseph-schumpeter-economics-imperialism-marxism
For background on imperialism as policy, see also
It's short and a quick read. This is important to be aware of in light of the condition of the world system at this moment of the historical dialectic that is now unfolding precariously. Economics plays a key role in it, but economics alone does not provide a comprehensive account of imperialism as a historical phenomenon.
Theories of Imperialism
Vincent Ferraro | Ruth C. Lawson Professor of International Politics, Mount Holyoke College
Vincent Ferraro | Ruth C. Lawson Professor of International Politics, Mount Holyoke College
https://www.mtholyoke.edu/acad/intrel/pol116/imperial.htm