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Schumpeter, the New Deal, and Democracy

Published online by Cambridge University Press:  01 August 2014

John Medearis
John Medearis*
Affiliation:
University of California, Los Angeles
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Abstract

Joseph Schumpeter is known to American political scientists as the originator of an elite conception of democracy as a political “method,” a conception found in his Capitalism, Socialism and Democracy (1942). But I show in this paper that in Schumpeter's study of the development of liberal capitalist societies, he also treated democracy as a socially transformative historical tendency, one of several that he thought were propelling such societies toward a form of “democratic” socialism. Schumpeter regarded the politics of labor and the reorientation of state policy in the New Deal era as evidence of these tendencies—especially of a tendency toward the democratic reconstruction of workplace hierarchy, which he deplored. In his later work, Schumpeter sketched the outlines of a “democratic” socialist society in which the most harmful of these tendencies, in his estimation, would be curbed.

Type
Articles
Information
American Political Science Review , Volume 91 , Issue 4 , December 1997 , pp. 819 - 832
Copyright
Copyright © American Political Science Association 1997

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