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Joseph A Schumpeter: To the believer...

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To the believer [Marxism] presents, first, a system of ultimate ends that embody the meaning of life and are absolute standards by which to judge events and actions . . .

Source: Capitalism, Socialism and Democracy, ch. 1, 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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