The book ‘Capitalism, Socialism and Democracy’ is authored by

Correct option is A

The book ‘Capitalism, Socialism and Democracy’ is authored by Joseph Schumpeter. Published in 1942, Schumpeter's work is a critical analysis of capitalism and its relationship to democracy and socialism. He introduces the concept of "creative destruction" to describe the process of transformation that accompanies innovation in capitalism, arguing that this dynamic is vital for economic progress.