Schumpeter’s Early Vision of Social Dynamics and His Ideology

Abstract

Ability, Heredity, and Social Classes * * I gratefully acknowledge support from the Jshet (Japanese Society of the History of Economic Thought) scheme to promote international activities in 2022: Grant-in-Aid for Publication of Scientific Research Results (JSPS KAKENHI 22HP3001). I also thank Ichiro Kawada, Shin Kubo, Takayuki Nakamura, Shinichi Tamura and the two reviewers for helpful advice. I am responsible for all errors remaining in this article.1) At that time, research on "race" often borrowed from biological theory. Schumpeter (1954, 791) also regarded "racial theories" as a subgroup of "biological theories.