The collapse of communism in Central, East and South-East Europe (CESEE) led to great hopes for the region and for Europe. A quarter of a century on, the picture is mixed: in many CESEE countries, the transformation process is incomplete, and the economic catch-up has taken longer than anticipated.

1. Introduction - Capitalism, Socialism and Democracy @ 75: New interpretations and New Dimensions, Leonardo Burlamaqui & Rainer Kattel PART 1: New Interpretations 2. Creative Destruction as a Radical Departure: A New Paradigm for Analyzing Capitalism, Leonardo Burlamaqui 3. Schumpeter and the Dynamics of Capitalism: The Place of Capitalism, Socialism and Democracy, Francisco Louçã 4. Individual, Society and Order: A Schumpeterian Trinity, Beniamino Callegari PART 2: New Dimensions 5. (Re) introducing Finance into Evolutionary Economics: Keynes, Schumpeter, Minsky and Financial Fragility, Mariana Mazzucato and L. Randall Wray 6. Innovative Enterprise and Sustainable Prosperity: Taking Up the Schumpeterian Challenge, William Lazonick 7. Secular Stagnation and Creative Destruction: Reading Robert Gordon through a Schumpeterian Lens, Fred Block 8. Schumpeter in the 21st Century: Creative Destruction and the Global Green Shift, John Mathews 9. Domination, Weak Judgment, and the Dilemmas of Contemporary Schumpeterian Democrats, John Medearis 10. Bringing the State into Schumpeter's Model Entrepreneurial States, Socialization of Investment, Creative-Destruction management and China, Leonardo Burlamaqui