2017 marks the 75th anniversary of Schumpeter's Capitalism, Socialism and Democracy, a work acknowledged as one of the most insightful books written in the 20th century. It retains a contemporary quality, and still invites new interpretations, extensions and criticisms.
In addition to re-examining the book and undertaking a 21st century update of its main themes, this book brings together leading social scientists to provide contemporary extensions – or eventually refutations – of key elements of Schumpeter's vision and thesis. Issues covered include competition and innovation, the role of the state, socialism and democracy.
Bringing together leading international contributors, the book provides fresh perspectives on ideas that continue to be hugely relevant to modern economics.
Leonardo Burlamaqui is an Associate Professor at the Department of Economic Evolution, State University of Rio de Janeiro, a Research Scholar at the Levy Institute – Bard College (New York), an Adjunct Professor at Graduate Program in Public Policies and Development Strategies at the Federal University at Rio de Janeiro and a member of the International Joseph Schumpeter Society.
Rainer Kattel is Chair and Professor of Innovation Policy and Technology Governance at Ragnar Nurkse School of Innovation and Governance, Tallinn University of Technology, Estonia.
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