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Tag: ‘creative destruction’

If you don’t know your Schum­peter, now is the moment to delve into his works. I echoed before about the broad Schum­peter­ian moment under way across a wide range of indus­tries. What we are wit­ness­ing here is pure cre­ative destruc­tion at play, crys­tal­lized in a cou­ple of defin­ing years (08–09). That’s also why I will …