He thought innovation was important but creates instability. Not totally into capitalism. I'd agree that it can and has led to capture and forced people into socialism. Which to me doesnt make socialism better but a desperate attempt at survival.

I think history has been filled with war, human struggle and people trying to survive. Like getting on a wooden boat to America. Its not perfect and has been messy. Vigilance has been necessary to protect all the freedom people could have.

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Never said socialism was better. I just want a time period when capitalism thrived on its own and some flaws with capitalism?

Way more to Joseph Schumpeter but it’s start with a quick search.