A Quote by Joseph A. Schumpeter

The intellectual and social climate needed to allow entrepreneurship to thrive will not exist in advanced capitalism. — © Joseph A. Schumpeter
The intellectual and social climate needed to allow entrepreneurship to thrive will not exist in advanced capitalism.
I am a huge fan of capitalism and a huge fan of entrepreneurship and changing the world with technology and with entrepreneurship. Capitalism is awesome. To me, capitalism is my religion.
America has thrived on capitalism, and America will thrive again on capitalism.
The question of whether a device will come into being depends upon three things: first, whether there is a practical use for it that warrants its development and manufacturing costs; second, whether the laws of physics applying to the elements available for its design allow the attainment of the needed ranges, sensitivities, or the like; and third, whether the pertinent art of manufacture has advanced sufficiently to allow a useful embodiment to be built successfully.
Government does create prosperity and growth by creating the conditions that allow both entrepreneurs and their customers to thrive; balancing the power of capitalists like me and workers isn't bad for capitalism - it's essential to it.
Our government's providing record investments necessary to push the boundaries of knowledge, create jobs, and improve the quality of life of Canadians. Our government is committed to creating the conditions that will allow entrepreneurship to thrive in this country. The collaboration between colleges and local industrial partners generates new products and ideas, creating long-term prosperity for the benefit of all Canadians.
Nations that use commodity capitalism as a stepping-stone to a mixed economy based on commodity/intellectual capitalism will most likely become rich.
Anti-capitalism is nothing new in Hollywood. From 'Wall-E' to 'Avatar,' corporations are routinely depicted as evil. The contradiction of corporate-funded films denouncing corporations is an irony capitalism cannot just absorb, but thrive on. Yet this anti-capitalism is only allowed within limits.
There was no intellectual movement in American history called social Darwinism. The people who were supposedly the leaders of the social Darwinist movement never embraced something called social Darwinism. It didn't exist.
Strong alliances can thrive even where disagreements exist, but they cannot thrive where free and open communication is shut down.
Entrepreneurship is one of the most important drivers for job creation. Moreover, social entrepreneurship offers not only a path for young people to transform their own lives, but also a way to empower others.
The social inefficiency of capitalism is going to clash at some point with the technological innovations capitalism engenders, and it is out of that contradiction that a more efficient way of organising production and distribution and culture will emerge.
I used to be opposed to the idea of social entrepreneurship. I said, you know, let business be business, and philanthropy be philanthropy. Keep the two separate, don't mix it up, and this is what I did, and I did that rather successfully, but I now recognize that actually you do need to mix it up and I think there is room for social entrepreneurship.
Capitalism can never pursue deterritorialization to the absolute. What deterritorialization there is within capitalism is always balanced by a compensatory lockdown onto nation, culture, and race. Hence the 'Steampunk' quality of capitalism, where the most ancient traditions can co-exist with the ultramodern.
Today we are living in an intellectual and technological paradise and a moral and social nightmare because the intellectual level of evolution, in its struggle to become free of the social level, has ignored the social level's role in keeping the biological level under control.
Ensuring a better future for all South Africans will require increased access to higher education, a stronger and fairer labour market, deeper participation in regional markets, and a regulatory framework that fosters entrepreneurship and allows small businesses to thrive.
One of the glaring failures of capitalism is the continuing widespread existence of poverty - often extreme poverty. Even in the advanced economies, many millions of people endure terrible economic and social deprivation, despite the incredible wealth all around them.
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