
But like his ideas about capitalism and socialism, his ideas about democracy have been challenged by an evolution in the political order. In the preface to the first edition he admits, “The problem of democracy forced its way into the place it now occupies in this volume because it proved impossible to state my views on the relation between the socialist order of society and the democratic method of government without a rather extensive analysis of the latter.” Indeed, he found himself challenging the foundations which underpin what he described as the Classical Theory of Democracy. Schumpeter never intended to offer a landmark definition of democracy.
