A Quote by Joseph A. Schumpeter

Economic progress, in capitalist society, means turmoil. — © Joseph A. Schumpeter
Economic progress, in capitalist society, means turmoil.
The first freedom is to be in possession of yourself - to own yourself, to not be subject to the will of somebody else. In a capitalist society, that means having a certain economic wherewithal so that you can do what you wish to do without having to ask permission.
If economic progress means that we become anonymous cogs in some great machine, then progress is an empty promise.
To develop political and economic power in a capitalist society, you need capital.
The economic anarchy of capitalist society as it exists today is, in my opinion, the real source of evil.
When we call a capitalist society a consumers democracy we mean that the power to dispose of the means of production, which belongs to the entrepreneurs and capitalists, can only be acquired by means of the consumers ballot, held daily in the marketplace.
The time has come for everybody -capitalists, communists, socialists- to ask themselves what 'civilization' really means. If not, whether a country calls itself capitalist or communists, in the pursuit of 'progress' , it will visit genocide either on its own people or on another people whose country must be plundered for resources to feed the Progress industry.
Yes, friends, governments in capitalist society are but committees of the rich to manage the affairs of the capitalist class.
Every year the progress of advanced capitalist society makes our population consist of more and more isolates. This is because of the infrastructure of the economy, especially electronic communications.
Society's dependence on fossil fuels is jeopardising social and economic progress.
There is no real answer [to the U.S. economic crisis] but to remove brick by brick the capitalist system itself, rebuilding the entire society on socialist principles.
Addressing the climate and biodiversity crises requires us to radically change our economic models, moving away from economic growth as the over-riding measure of progress and moving instead towards improving health and wellbeing for people and nature. That means a different economic model taking us towards a sustainable economy.
Economic progress means the discovery and application of better ways of doing things to satisfy our wants. The piping of water to a household that previously dragged it from a well, the growing of two blades of grass where one grew before, the development of a power loom that enables one man to weave ten times as much as he could before, the use of steam power and electric power instead of horse or human power - all these things clearly represent economic progress.
All progress means war with society.
Society must cease to look upon 'progress' as something desirable. 'Eternal Progress' is a nonsensical myth. What must be implemented is not a 'steadily expanding economy', but a zero growth economy, a stable economy. Economic growth is not only unnecessary but ruinous.
Surely, nothing can be more plain or even more trite common sense than the proposition that innovation [...] is at the center of practically all the phenomena, difficulties, and problems of economic life in capitalist society.
... what we should be looking for is fresh ideas of how we make moral decisions about our dealings with one another, economic, social, cultural. Economic determinism is an objectionable creed where men and women espouse it in its communist or capitalist form because it treats human beings as economic units and not as responsible persons.
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