Joseph A. Schumpeter Creative Quotations

Situations emerge in the process of creative destruction in which many firms may have to perish that nevertheless would be able to live on vigorously and usefully if they could weather a particular storm.

At the heart of capitalism is creative destruction.

Creative Destruction is the essential fact about capitalism.

The essential point to grasp is that in dealing with capitalism we are dealing with an evolutionary process

The perennial gale of creative destruction