Schumpeter ¨é

112-5-518
A prophet and a role model
The prophet of capitalism's creative powers also understood the precariousness of the capitalist achievement. He pointed out that successful firms depend upon a complex ecology that has been created over centuries. He wrote extensively about the development of the joint-stock company and the rise of stockmarkets. He also understood that capitalism might be destroyed by its own success. He worried that a "new class" of bureaucrats and intellectuals were determined to tame capitalism's animal spirits. And he warned that successful business people were always trying to conspire with politicians to preserve the status quo.
Naming this column after Schumpeter does not imply that we endorse everything he said. His ideas about long business cycles have not withstood the test of time. He was too sceptical about the case for using government spending to avert depressions. He underestimated the self-correcting power of democracy. Moreover, this will be a column about business and management, rather than finance and economics. But the champion of innovation and entrepreneurship surely got as close as anybody to identifying what a column on modern business should be about.

A. ¾îÈÖ
prophet ¼±ÁöÀÚ. precariousness ºÒ¾ÈÁ¤, À§Çè. firm ȸ»ç.
complex º¹ÀâÇÑ. ecology »ýÅÂ, ȯ°æ. extensively ±¤¹üÀ§ÇϰÔ.
joint-stock ÁÖ½ÄÁ¶Á÷, °øµ¿ÀÚº». joint-stock company ÁÖ½Äȸ»ç.
class °è±Þ, °èÃþ. bureaucrat °ø¹«¿ø, °ü·á. intellectual Áö½ÄÀÎ.
tame ±æµéÀÌ´Ù, â÷ö½(¼øÄ¡)ÇÏ´Ù, ¾ïÁ¦ÇÏ´Ù. conspire ÍìÙÇ(°ø¸ð)ÇÏ´Ù.
preserve º¸Á¸ÇÏ´Ù. status quo Çö»óÀ¯Áö. imply ¾Ï½ÃÇÏ´Ù, ùßõë(ÇÔÃà)ÇÏ´Ù.
endorse ÁöÁöÇÏ´Ù, È®ÀÎÇÏ´Ù, ÛÎßö(¹è¼­)ÇÏ´Ù.
withstand ¹öƼ´Ù, °ßµð¾î ³»´Ù, Ç×°ÅÇÏ´Ù. sceptical üãë÷îÜ(ȸÀÇÀû)ÀÎ, ÀǽÉÇÏ´Â.
avert ¸·´Ù, ÇÇÇÏ´Ù, ºñŰ´Ù. depression °æÁ¦ºÒȲ.
underestimate °ú¼Ò Æò°¡ÇÏ´Ù. self-correcting power ÀÚµ¿Á¶Á¤·Â.
innovation ±â¼úÇõ½Å. entrepreneurship ±â¾÷°¡Á¤½Å. champion Åõ»ç, îúÞÍ(Àü»ç).

B. ±¸¹®
- the champion of innovation and . . . modern business should be about.
cf. as . . . as any¡æÇü¿ë»çÀÇ ÃÖ»ó±Þ.
[±â¼úÇõ½Å°ú ±â¾÷°¡Á¤½ÅÀÇ Àü»ç´Â Çö´ë°æÁ¦¿¡ Ä®·³ÀÌ ¾î¶² °ÍÀ̾î¾ß ÇÑ´Ù´Â °ÍÀ» °¡Àå Àß ÆÄ¾ÇÇÏ¿´¾ú´Ù.]
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