Asked by Chris Gonzalez on Jun 20, 2024
Verified
Which of these theorists argued capitalist society can only progress or evolve by destroying outdated elements?
A) William Graham Sumner
B) Lester F. Ward
C) Thorstein Veblen
D) Joseph Schumpeter
Capitalist Society
is a socio-economic system characterized by private or corporate ownership of capital goods, by investments that are determined by private decision, and by prices, production, and the distribution of goods determined mainly by competition in a free market.
Joseph Schumpeter
An economist and political scientist known for his theories on economic development and capitalism, particularly the concept of "creative destruction."
- Acquire knowledge about social Darwinism, its advocates, and its critics.
Verified Answer
Learning Objectives
- Acquire knowledge about social Darwinism, its advocates, and its critics.
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