Joseph Schumpeter Quote

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.


Capitalism, socialism, and democracy (ed. 1954)


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 ...

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 ...

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 ...

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 ...