Quotes by Joseph Schumpeter

• Economic progress, in capitalist society, means turmoil.
• The ballot is stronger than bullets.
• Our poverty will be brought home to us to its full extent only after the war.
• Marxism is essentially a product of the bourgeois mind.
• Entrepreneurial profit is the expression of the value of what the entrepreneur contributes to production.
• Democracy is a political method, that is to say, a certain type of institutional arrangement for arriving at political - legislative and administrative - decisions and hence incapable of being an end in itself.
• Capitalism inevitably and by virtue of the very logic of its civilization creates, educates and subsidizes a vested interest in social unrest.
• Bureaucracy is not an obstacle to democracy but an inevitable complement to it.
• For the duration of its collective life, or the time during which its identity may be assumed, each class resembles a hotel or an omnibus, always full, but always of different people.