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Chapter Overview
Chapter 1: AudiobookHub Recommendation
Chapter 2: Karl Marx’s economic theories were prophetic, yet too static to fully explain today’s evolving capitalism.
Chapter 3: Capitalism fuels significant social growth and substantial intellectual advancement.
Chapter 4: Capitalism thrives on the process of creative destruction.
Chapter 5: Nothing prevents socialism from working in practice.
Chapter 6: We need to rethink our definition of democracy to account for the real electoral realities.
Chapter 7: Socialism can be as compatible with democracy as capitalism, under defined conditions.
Chapter 8: The core features of capitalism will eventually cause its own self-destruction.
Description
Capitalism, Socialism and Democracy (1942) is a seminal work of economics. Its ideas have proven prophetic, and remain relevant to this day. It claims that capitalism will ultimately be eroded by the very processes that define it. It also explains the differences between capitalism and socialism and their relationship to democracy, and helps readers understand the role of entrepreneurship and creative destruction in modern capitalism.
Who Should Listen
- Students of the social sciences
- Those interested in politics, economy, and their histories
- Critical thinkers curious about the future of capitalism