CONSIDERATION OF J. SCHUMPETER'S CAPITALISM AND SOCIALISM MODELS WITHIN THE SYSTEM APPROACH

Abstract

J. Schumpeter's two models of the national economy are considered in this paper, namely the model of capitalism and the model of socialism. The methodological basis of this study is a system approach, including the theories of synergetics, cybernetics, homeostatics. The internal contradictions of the models of capitalism and socialism are shown in this paper.

Keywords

• schumpeter theory
• system approach
• models
• capitalism
• socialism