First, creation [of the new] implies destruction [of the old].
Second, the opposite of creative destruction is stagnation.macroresilience
Creation, Destruction and Stagnation
Ashwin Parameshwaran
First, creation [of the new] implies destruction [of the old].
Second, the opposite of creative destruction is stagnation.macroresilience
4 comments:
Creation: Brahma
Destruction: Shiva
Preservation: Vishnu
Let's not slight Vishnu, shall we? :)
Om Namo Narayanaya.
It's the money system that is NECESSARILY destructive since it drives people into debt and then removes the means of payment!
A money supply should steadily increase to keep up with growth, not expand and contract like a manic-depressive!
Or to put it another way, why have a reciprocating engine (boom-bust) when one can have a turbine? Especially since a severe bust can lead to revolution and/or World War?
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