This theorist names one of the six classifications of democracy outlined by Amy Gutman, who defines that classification as a "procedural minimalist" approach.
This theorist names one of the six classifications of democracy outlined by Amy Gutman, who defines that classification as a "procedural minimalist" approach. In the chapter "Another Theory of Democracy," this thinker argued classical models of democracy as public will were incorrect, proposing that democracy instead is rule by individuals who acquire the power through competition for votes. This theorist borrowed from Marx, whom he assigned roles of "prophet, sociologist, economist, and teacher" to describe a process by which "laborism" and self-interest result in the collapse of support for a (*) free market system. This theorist's view of business cycles, which incorporates Kondratiev waves, centers on a disruptive mechanism analogized to a "gale" in which entrepreneurs disrupt old market players through innovation, termed "creative destruction." For 10 points, name this Austrian-born American author of Capitalism, Socialism, and Democracy.
This theorist names one of the six classifications of democracy outlined by Amy Gutman, who defines that classification as a "procedural minimalist" approach.
Joseph Alois Schumpeter