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concept

Creative Destruction

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Economic concept describing capitalism's self-renewal process, which Europeans resist according to the poster

Mentions (1)
"Total disrespect for 'creative destruction'. In the US, all but the most left-wing seem to implicitly accept that capitalism is constantly destroying itself and that this somehow ends up being a net-positive. In Europe, governments and voters share the assumption that if something gets disrupted eco"
Some observations on the Continent after repatriating 3 years ago · ThisIsHeisenberg · ↑288 · 2023-04-22
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