1945
DOI: 10.1086/256285
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Schumpeter on Capitalism, Socialism, and Democracy

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1947
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“…The reader is referred to Schumpeter (1942). For proper balance, the excellent review article by Hardy (1945) should be read in conjunction with this book. [Vol.…”
Section: Eilgardiamentioning
confidence: 99%
“…The reader is referred to Schumpeter (1942). For proper balance, the excellent review article by Hardy (1945) should be read in conjunction with this book. [Vol.…”
Section: Eilgardiamentioning
confidence: 99%
“…'Democracy' was stated by Andrew as a system through which people can protect their rights that in other words present a way for ordinary citizens to protect themselves from the atrocities of elites and to protect their basic right through the state legal system (Heywood, 2017). Joseph Schumpeter stated democracy as an institutional agreement where people acquire power through competitive struggle to make political decisions through vote (Hardy, 1945). But Pakistan democracy meets no requirement of the above defined democracy goals.…”
Section: Introductionmentioning
confidence: 99%