Kingston, William - In: Journal of Evolutionary Economics 24 (2014) 3, pp. 449-477
Schumpeter’s forecast in his Capitalism, Socialism and Democracy (<CitationRef CitationID="CR52">1942</CitationRef …, capitalism rightly meant, not just individual property rights, but the ability to ‘create money from nothing.’ This is such an …, however imperfectly, by denial of incorporation with limited liability to those who dealt in money. The decline of capitalism …