Quote by Joseph Schumpeter

Capitalism inevitably and by virtue of the very logic of its civilization creates, educates and subsidizes a vested interest in social unrest.

Capitalism inevitably and by virtue of the very logic of its

Summary

This quote suggests that within the structure of capitalism, there is a built-in tendency to generate, cultivate, and support a vested interest in social dissatisfaction or instability. The nature of the capitalist system encourages the emergence of groups or individuals that benefit from societal upheaval because it presents opportunities for them to exploit and profit from the resulting chaos. Therefore, the quote implies that capitalism not only perpetuates social unrest but also actively sustains it due to the inherent logic and incentives of its economic and social dynamics.

Topics

Capitalism

By Joseph Schumpeter

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