This civilization is rapidly passing away, however. Let us rejoice or else lament the fact as much as … - Joseph A. Schumpeter

Same topic Authors

Quote of the day

Computer games tend to be boys' games, warlike games with more violence. We have not spent enough time thinking through how to encourage more girls to be involved in computing before coming to college so they can see a possible career in information technology.

Joseph A. Schumpeter

This civilization is rapidly passing away, however. Let us rejoice or else lament the fact as much as everyone of us likes; but do not let us shut our eyes to it.

Civilization, Eye, Eyes, Fact, Passing Away

Same Author Quotes

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

Innovation, Invention, Market, Novelty, Technical

The function of entrepreneurs is to reform or revolutionize the pattern of production by exploiting an invention or, more generally, an untried technological possibility for producing a new commodity or producing an old one in a new way, by opening up a new source of supply of materials or a new outlet for products, by reorganizing an industry and so on.

Entrepreneur, Function, Opening Up, Pattern, Reform, Way

At the heart of capitalism is creative destruction.

Capitalism, Creative, Destruction, Heart

The typical citizen drops down to a lower level of mental performance as soon as he enters the political field. He argues and analyzes in a way which he would readily recognize as infantile within the sphere of his real interests. He becomes primitive again.

Becomes, Field, Political, Primitive, Real, Typical

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

Established, Intuition, Moments, Prove, Success