This essay, written by Joseph Schumpeter and translated to Persian by Tavaana, puts forth a theory of democracy that challenges the “classical doctrine.” Schumpeter, one of the most influential economists of the twentieth century, critiques the assumptions underlying the classical theory of democracy, instead advocating a minimalist model whereby democracy is the mechanism for competition between leaders.
Tavaana PublicationClick here to download Tavaana’s exclusive translation of “Capitalism, Socialism, and Democracy.”
