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by CaptainSwing 2719 days ago
I'm disappointed (though not surprised) to see Marx so marginalised. In particular, Schumpeter was in massive debt to Marx, as is quite clear from reading Capitalism, Socialism and Democracy. The whole idea of creative destruction, for example, which is popular up to the day, is basically lifted straight from Marx. Of course, the evolutionary economists who consider themselves in Schumpeters legacy, tend to ignore this link too.