E10. Schumpeter's BUSINESS CYCLES (1939) скачать в хорошем качестве

E10. Schumpeter's BUSINESS CYCLES (1939)

Episode 10: he Definitive Clash: The Great Depression and the Recovery Policy Welcome to Episode 10, the season finale of our 10-episode series on Joseph Schumpeter's monumental 1939 work: BUSINESS CYCLES: A Theoretical, Historical and Statistical Analysis of the Capitalist Process! We conclude the historical verification by analyzing the World Crisis and its Aftermath (1930-1935) from Chapter 9. We define the Great Depression as the ultimate case of Triple Cycle Coincidence (Kitchin, Juglar, and Kondratieff troughs aligning). Schumpeter argues that the crisis was not a symptom of failure, but a painful yet necessary reaction of the system to its own success and the inevitable liquidation of Secondary Wave errors. We analyze the Recovery Policies (such as the New Deal), framing them as external factors that distorted the natural cyclical adjustment process rather than fixing it. Finally, we define the fundamental ideological clash: Schumpeter's Creative Destruction versus John Maynard Keynes's Aggregative Intervention, and why this conflict marks the shift from laissez-faire to a managed capitalism. This podcast is researched, structured, and analyzed using NotebookLM.    • Schumpeter's Business Cycles: A Theoretica...