Joseph A. Schumpeter Quotes About Achievement

Quotes about: Achievement

• The capitalist engine is first and last an engine of mass production which unavoidably also means production for the masses. . . . It is the cheap cloth, the cheap cotton and rayon fabric, boots, motorcars and so on that are the typical achievements of capitalist production, and not as a rule improvements that would mean much to the rich man. Queen Elizabeth owned silk stockings. The capitalist achievement does not typically consist in providing more silk stockings for queens but in bringing them within reach of factory girls.

  Joseph A. Schumpeter

  Girl, Queens, Mean

• The capitalist achievement does not typically consist in providing more silk stocking for queens but in bringing them within the reach of factory girls in return for a steadily decreasing amount of effort.

  Joseph A. Schumpeter

  Girl, Queens, Achievement

  Joseph A. Schumpeter (2013). “Capitalism, Socialism and Democracy”, p.67, Routledge

• For one thing, to predict the advent of big business was considering the conditions of Marx's day an achievement in itself.

  Joseph A. Schumpeter

  Achievement, Advent, Bigs

  Joseph A. Schumpeter (2013). “Capitalism, Socialism and Democracy”, p.34, Routledge

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