Capitalism, Socialism and Democracy¶
Schumpeter, J. A. (1942). Capitalism, Socialism and Democracy.
Cited by¶
3 citations across 3 artifacts.
Each citation links to the sentence it supports in the citing article.
Primes¶
- Creative Destruction
- The construct was named by Joseph Schumpeter (1942) in Capitalism, Socialism and Democracy
This sourceThe chapter "The Process of Creative Destruction" names and defines the construct as the essential fact about capitalism — the perennial gale of innovation incessantly destroying the old structure and creating a new one; supports the naming/attribution claim.
- The construct was named by Joseph Schumpeter (1942) in Capitalism, Socialism and Democracy
Domain-specific¶
- Entrepreneurial Discovery
- Creative destruction, in Schumpeter's account, has innovation displace incumbents; casting that as disequilibrating — pushing the system away from its current rest — is Kirzner's contrast, not Schumpeter's own
This sourceSchumpeter's chapter on creative destruction, which supplies the displacement of incumbents - competition striking at existing firms' foundations and their very lives - and in which the disequilibrating framing the sentence assigns elsewhere is indeed absent; Kirzner's Competition and Entrepreneurship (1973) carries that contrast.
Supported in partVerified against the source
- Creative destruction, in Schumpeter's account, has innovation displace incumbents; casting that as disequilibrating — pushing the system away from its current rest — is Kirzner's contrast, not Schumpeter's own
- Innovator's Dilemma
- Incumbents are almost always innovating; the question is on which trajectory. Not creative destruction. Schumpeter's creative destruction is the macro phenomenon of new industries displacing old
This sourceSchumpeter's formulation of 'creative destruction' — the phrase he coined and capitalised, and the process the book develops under 'The Process of Creative Destruction'.
Supported in partVerified against the work's full text
“Schumpeter introduces his famous phrase, "Creative [Destruction]"—two words he chooses to capitalize. He means”
- Incumbents are almost always innovating; the question is on which trajectory. Not creative destruction. Schumpeter's creative destruction is the macro phenomenon of new industries displacing old
Verification¶
Does it exist? Not checked yet. This entry carries no identifier to resolve. It was extracted from the citation as written in the article, normalized, and deduplicated against the rest of the registry.
Does it back the claim? Read against the text for 2 of 3 citations: 2 supported in part. Each verdict is shown under its citation below, with what in the work backs the sentence.
Support is checked per citation rather than per work — the same source can be cited soundly in one article and wrongly in another. Per-citation recording began recently, so a citation with no recorded check is a gap in the record rather than evidence it went unchecked.
See how references were verified.
Registry ID ref:5eef7d1c2424 · see in the full table