Shane Mage wrote:
>... "Creative destruction" is nothing but Schumpeter's genial
> phrase for an idea that he explicitly takes from Marx ("One capitalist
> kills hundreds"): competition among capitalists leads to innovation
> that revolutionizes the productive forces and in the process destroys
> those capitalist firms made obsolete by the innovation.
"creative destruction" also describes the normal trajectory of
capitalist accumulation: create profits (and accumulate power) by
destroying nature, exploiting people, undermining preexisting social
structures, etc. It is "ignited by the sparks thrown off from class
struggle" but it also intensifies class struggle. It's a two-way
street (or, to use an old-fashioned term, dialectic).
--
Jim Devine / "In science one tries to tell people, in such a way as to
be understood by everyone, something that no one ever knew before. But
in poetry, it's the exact opposite." -- Paul Dirac. Social science is
in the middle.... and usually in a muddle.
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