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Creative destruction
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Creative destruction is a concept in economics that describes a process in which new innovations replace and make obsolete older innovations.
In Hinduism, the god Shiva is simultaneously destroyer and creator, portrayed as Shiva Nataraja (Lord of the Dance), which is proposed as the source o
In Hinduism, the god Shiva is simultaneously destroyer and creator, portrayed as Shiva Nataraja (Lord of the Dance), which is proposed as the source of the Western notion of "creative destruction".
Polaroid instant cameras have disappeared almost completely with the spread of digital photography. Only to return once again in 2017 with new cameras
Polaroid instant cameras have disappeared almost completely with the spread of digital photography. Only to return once again in 2017 with new cameras and films, as consumer fetishists went too far underestimating the demand for the instant photo.
Joseph Schumpeter
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Joseph Alois Schumpeter was an Austrian political economist. He served briefly as Finance Minister of Austria in 1919. In 1932, he emigrated to the United States to become a professor at Harvard University, where he remained until the end of his career, and in 1939 obtained American citizenship.
Joseph Schumpeter
Joseph Schumpeter