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Joseph Schumpeter - It is quite possible that future...

It is quite possible that future generations will look upon arguments about the inferiority of the socialist plan as we look upon Adam Smith's argument about joint stock companies which, also, were simply false. (Joseph Schumpeter)

It is quite possible that future generations will look upon arguments about the inferiority of the socialist plan as we look upon Adam Smith's argument about joint stock companies which, also, were simply false.

Joseph Schumpeter

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adam argument false future inferiority joint plan possible quite socialist stock

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