Schumpeter Capitalism Socialism And Democracy

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1. Schumpeter, J.A. (1942). Capitalism, socialism, and democracy. United States of America, USA: Harper and Brothers Publishers. * The book by Schumpeter on Capitalism, Socialism, and Democracy focuses on the theories and his argument that someday, Socialism will prevail on place of capitalism. However, Schumpeter’s argument seems to be almost impossible in the modern society since in most states and their governance is more on Capitalism itself. However, I can say that the book itself is a good source of information and reference in line with my course since it provides good sets of examples for an argument and to be able to look and study the society, how it works and its factors, in the different perspectives. * 2. Rawls, John. (1971). …show more content…

As seen in Fukuyama’s entry, He talks of democracy and the state however, it is relevant in his article that he is not in favor of the system of democracy. The article is a good reference in line with my course because as a citizen living under the comfort of democracy, I am able to see the pros and cons of sytem and thus, to be able to use this resource to compare the different kinds of systems. 2. Plattner, M.F., (2013), Reflections on governance. Journal of democracy, 24 (4). 17-28. * This Journal entry by Plattner, just like Fukuyama’s, He defines the meaning of Democracy and explores its relationship with the democratic system. But unlike Fukuyama’s entry where he is not in favor of democracy, Plattner in his defined both democracy and governance in an unbiased point of view. Although he adds on his personal views, his unbiased statement is prevalent which makes his entry a good source of reference because he not only provides information but because of his purely formal way of studying democracy and its relationship towards governance and which serves as a guide to an unbiased

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