The decline of entrepreneurial spirit signals the decline of... - Joseph Schumpeter

"The decline of entrepreneurial spirit signals the decline of capitalism itself."

Joseph Schumpeter

Economist Historian Austrian-American 1883–1950

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"The entrepreneur is the pivotal actor in the capitalist economy."

"Innovation is the outstanding fact in the economic history of capitalist societies."

"Capitalism is being killed by its achievements."

"The function of entrepreneurs is to reform or revolutionize the pattern of production."