Schumpeter on Democracy

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Talking Politics: HISTORY OF IDEAS

Talking Politics

27 episodes

5 months ago

A new series of talks by David Runciman, in which he explores some of the most important thinkers and prominent ideas lying behind modern politics – from Hobbes to Gandhi, from democracy to patriarchy, from revolution to lock down. Plus, he talks about the crises – revolutions, wars, depressions, pandemics – that generated these new ways of political thinking. From the team that brought you Talking Politics: a history of ideas to help make sense of what’s happening today.

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Schumpeter on Democracy

Talking Politics: HISTORY OF IDEAS

47 minutes 47 seconds

4 years ago

Schumpeter on Democracy

Joseph Schumpeter’s Capitalism, Socialism and Democracy (1942) contains a famous, and minimal, definition of democracy as the competition between political elites to sell themselves to the electorate. Schumpeter wanted to debunk more elevated ideas of the common good and the popular will. Why then has his theory proved so influential for people who want to rescue democracy as much as those who want to diminish it?

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