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Paperback Prophet of Innovation: Joseph Schumpeter and Creative Destruction Book

ISBN: 0674034813

ISBN13: 9780674034815

Prophet of Innovation: Joseph Schumpeter and Creative Destruction

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Format: Paperback

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Book Overview

Pan Am, Gimbel's, Pullman, Douglas Aircraft, Digital Equipment Corporation, British Leyland--all once as strong as dinosaurs, all now just as extinct. Destruction of businesses, fortunes, products, and careers is the price of progress toward a better material life. No one understood this bedrock economic principle better than Joseph A. Schumpeter. "Creative destruction," he said, is the driving force of capitalism. Described by John Kenneth Galbraith...

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