creative destruction造句
In his most famous phrase he likened capitalism to a "perennial gale of creative destruction".
Business progresses through creative destruction, not through the application of rules.
The gale of creative destruction blew ever harder after his death in 1950, particularly after the stagflation of the 1970s.
America is better at creative destruction, but it invests too little in ways to help the unemployed back to work.
Only by allowing the "winds of creative destruction" to blow freely could capital be released from dying firms to new industries.
Earlier efforts have tended to degenerate into rent-seeking, lobbying and cosy deals between incumbent firms and bureaucrats, stifling innovation and the process of creative destruction.
The recession raises questions that go to the heart of the ideological division between the parties: should you resort to Keynesian stimulus or Schumpeterian creative destruction?
In 2011 some of the most venerable incumbents will show the world that they have figured out how to do the creative destruction themselves.
The problem is not the "creative destruction" one would expect in an innovative economy, but the structural instability of an economy whose major products have very low marginal costs and hence prices, but are not low-cost to produce.
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