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Schumpeter popularized the term “creative destruction”¬†in economics: innovation is no danger, new jobs and new products will only replace old ones. Is the current period so specific that this process is no longer in operation ?

 

Joseph Alois Schumpeter : Capitalism, Socialism and Democracy Р1942

https://eh.net/book_reviews/schumpeter-on-the-economics-of-innovation-and-the-development-of-capitalism/