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Creative Destruction? Economic Crises and Democracy in Latin America

机译:创意破坏?拉丁美洲的经济危机与民主

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Coined by Joseph Schumpeter in the 1940s, the term 'creative destruction' describes a continual process whereby the existing socio-economic order is completely disrupted through innovation. Examples of creative destruction include the invention of the printing press, the automobile, the personal computer and the Internet - all of which made older technologies obsolete (or dramatically reduced their importance). The effect is widely regarded as an inherent part of capitalism that allows progress to emerge from turmoil.
机译:“创意破坏”一词由约瑟夫·熊彼特(Joseph Schumpeter)于1940年代创造,描述了一个连续的过程,在此过程中,现有的社会经济秩序被创新完全破坏。创造性破坏的例子包括印刷机,汽车,个人计算机和互联网的发明-所有这些使旧技术过时(或大大降低了它们的重要性)。这种影响被广泛认为是资本主义的固有组成部分,它可以使动荡不断地出现。

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