Capitalism, Socialism and Democracy

“Chapter 7, ‘The Process of Creative Destruction,’ is only 6 pages long, but it perfectly captures the essence of capitalism. The 2 chapters preceding and the 2 following it flesh out the argument. So in the space of a little more than 40 pages, we have probably the richest material ever written on the broad subject of capitalism. The rest of the book is full of provocative ideas on politics, economics, and society, from ancient times to the present.” – Thomas McCraw [HBS Working Knowledge]

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