me:
>> "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).

Shane:
> Do you think any of that was part of Schumpeter's meaning for the term?

As I understand him, Schumpeter's meaning only includes the role of
innovation (and imitation by followers) in product markets, referring
to new products and/or new ways of producing them. He assumed that
innovation was always a good thing. (Crack cocaine?) However, I think
the concept should be extended to include "bad" product and process
innovation and the broader impact on all markets and all aspects of
nature and human life. It should also be called destructive creation.
I see nothing wrong with appropriating Schumpeter's concept and using
it against his free-market biases.
-- 
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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