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Joseph A. Schumpeter Quotes: Creative Destruction is the essential fact about capitalism.
         

Creative Destruction is the essential fact about capitalism.


Joseph A. Schumpeter
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Other quotes of Joseph A. Schumpeter


Innovation is the market introduction of a technical or organisational novelty, not just its invention.

Innovation is the market introduction of a technical or organisational novelty, not just its invention.



At the heart of capitalism is creative destruction.

At the heart of capitalism is creative destruction.



Success depends on intuition, on seeing what afterwards proves true but cannot be established at the moment.

Success depends on intuition, on seeing what afterwards proves true but cannot be established at the moment.



Innovations are changes which cannot be decomposed into infinitessimal steps.

Innovations are changes which cannot be decomposed into infinitessimal steps.



Profit is the payment you get when you take advantage of change.

Profit is the payment you get when you take advantage of change.



The ballot is stronger than bullets.

The ballot is stronger than bullets.



Politicians are like bad horsemen who are so preoccupied with staying in the saddle that they can't bother about where they're going.

Politicians are like bad horsemen who are so preoccupied with staying in the saddle that they can't bother about where they're going.



We always plan too much and always think too little. We resent a call to thinking and hate unfamiliar argument that does not tally with what we already believe or would like to believe.

We always plan too much and always think too little. We resent a call to thinking and hate unfamiliar argument that does not tally with what we already believe or would like to believe.



We always plan too much and always think too little.

We always plan too much and always think too little.



Capitalism inevitably and by virtue of the very logic of its civilization creates, educates and subsidizes a vested interest in social unrest.

Capitalism inevitably and by virtue of the very logic of its civilization creates, educates and subsidizes a vested interest in social unrest.





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Bubble gum on a turd, Madison! You’re a tutti-frutti enforcer. I am a warden. Trust me, I know what I’m doing.

Bubble gum on a turd, Madison! You’re a tutti-frutti enforcer. I am a warden. Trust me, I know what I’m doing.



The purpose of life is not just limited to eat, drink, sleep, or having kids.The ultimate purpose is to find the Almighty within.

The purpose of life is not just limited to eat, drink, sleep, or having kids.The ultimate purpose is to find the Almighty within.



I’ve never had a rat, never chased one. I chase my own tail and that’s enough. I must now make plans for the day I catch it.

I’ve never had a rat, never chased one. I chase my own tail and that’s enough. I must now make plans for the day I catch it.



By suffering comes wisdom.

By suffering comes wisdom.



If pop music reflects the culture, this will surely go down as the era in which people rose up and realized it was fun to dance at parties.

If pop music reflects the culture, this will surely go down as the era in which people rose up and realized it was fun to dance at parties.



Being the son of a filmmaker, you are aware of a career as a director. You don't think of it as just movies, but as a life.

Being the son of a filmmaker, you are aware of a career as a director. You don't think of it as just movies, but as a life.



If you can keep your head when all about are losing theirs, it's just possible that you haven't grasped the situation.

If you can keep your head when all about are losing theirs, it's just possible that you haven't grasped the situation.



I was ashamed for people to see me struggle.

I was ashamed for people to see me struggle.



Jesus Christ, why dont you come save my life. Open my eyes and blind me with your light and your lies.

Jesus Christ, why dont you come save my life. Open my eyes and blind me with your light and your lies.



Producer and consumer are always one and the same person, merely considered from two different viewpoints.

Producer and consumer are always one and the same person, merely considered from two different viewpoints.




Quote Description


This page presents the quote "Creative Destruction is the essential fact about capitalism.". Author of this quote is Joseph A. Schumpeter. This quote is about creative, creative destruction, facts, capitalism, essentials,.