The paper is concerned with the economic sociology of Joseph Alois Schumpeter. First section introduces the life and works of Joseph Schumpeter. Second section analyses Schumpeter's relation to sociology. Third part discusses his early sociological works. Forth section examines the famous book 'Capitalism, Socialism, and Democrac'. Fifth part is concerned with the sociological receptions of Schumpeter. Sixth part sets Schumpeter in context of the world sociological theory, particularly the social stratification theory. The paper shows that Schumpeter's sociology is original and thought-provoking up to these days.
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