Quote by Joseph Schumpeter

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.


For the duration of its collective life, or the time during

Summary

This quote suggests that a social class is not a fixed entity, but rather a temporary gathering of individuals. It compares a class to a hotel or omnibus (a bus), emphasizing that both are constantly occupied but with ever-changing occupants. Just like guests in a hotel or passengers on a bus, people belonging to a certain social class are not static, as individuals can move in and out of different classes over time. This quote highlights the fluidity and impermanence of social classes, challenging the notion of a fixed social hierarchy.

Topics

Class
By Joseph Schumpeter
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