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Capitalismo, desarrollo y Estado. Una revisión crítica de la teoría del Estado de Schumpeter

Diego Sánchez-Ancochea ()
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Diego Sánchez-Ancochea: University of London

Revista de Economía Institucional, 2005, vol. 7, issue 13, pages 81-100

Abstract: Current theories of the State would benefit from a new look at the economic role of the State in the work of the great economists of the 19th and 20th Centuries. Schumpeter’s central theme of technological innovation for long-term economic growth makes his work particularly interesting to development economics. However, Schumpeter’s rejection of the State’s role in income redistribution is too simplistic and contradictory. Structural change may enhance the prospects for long-term growth, but also creates social and economic disruptions. This paper explores this basic contradiction and briefly discusses the application of Schumpeter’s theory of the State to new industrializing countries in East Asia and Latin America.

Keywords: Schumpeter; economic policy; technological innovation; income distribution; new industrialized countries (search for similar items in EconPapers)
JEL-codes: B00 O31 O38 P16 (search for similar items in EconPapers)
Date: 2005
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