BUSINESS > economist, sociologist > Joseph A Schumpeter

Bureaucracy is not...

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Bureaucracy is not an obstacle to democracy but an inevitable complement to it.

Source: Capitalism, Socialism and Democracy, ch. 18, 1942.
-- Joseph A Schumpeter, (Feb 8 1883-1950), Moravian-US economist, sociologist; He was well known for his theories of capitalist development and business cycles.


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