Creative Destruction
Creative destruction (German: ''schöpferische Zerstörung'') is a concept in economics that describes a process in which new innovations replace and make obsolete older innovations. The concept is usually identified with the economist Joseph Schumpeter, who derived it from the work of Karl Marx and popularized it as a theory of Innovation economics, economic innovation and the business cycle. It is also sometimes known as Schumpeter's gale. In Marxian economic theory, the concept refers more broadly to the linked processes of the accumulation and annihilation of wealth under capitalism. The German sociologist Werner Sombart has been credited with the first use of these terms in his work ''Krieg und Kapitalismus'' (''War and Capitalism'', 1913).Describing the way in which the destruction of forests in Europe laid the foundations for nineteenth-century capitalism, Sombart writes: "Wiederum aber steigt aus der Zerstörung neuer schöpferischer Geist empor" ("Again, however, fro ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   [Amazon] |
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Creative Disruption
Creative disruption (disruption concept in a creative context) was introduced in 1992 by TBWA's chairman Jean-Marie Dru. It refers to a radical change in a marketplace brought about by the overturning of existing conventions. Origins The word "disruption" was originally employed in the English language to describe dramatic events such as earthquakes or highly disturbing news.Le concept de "Disruption" expliqué par son créateur l'Obs, January 24, 2016 It was originally used exclusively in a negative sense. On 1 May 1992 launched the Disruption concept as a marketing tool by simult ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   [Amazon] |
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Endogenous Growth Theory
Endogenous growth theory holds that economic growth is primarily the result of endogenous and not external forces. Endogenous growth theory holds that investment in human capital, innovation, and knowledge are significant contributors to economic growth. The theory also focuses on positive externalities and spillover effects of a knowledge-based economy which will lead to economic development. The endogenous growth theory primarily holds that the long run growth rate of an economy depends on policy measures. For example, subsidies for research and development or education increase the growth rate in some endogenous growth models by increasing the incentive for innovation. Models In the mid-1980s, a group of growth theorists became increasingly dissatisfied with common accounts of exogenous factors determining long-run growth, such as the Solow–Swan model. They favored a model that replaced the exogenous growth variable (unexplained technical progress) with a model in whic ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   [Amazon] |
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Aufheben
() or () is a German word with several seemingly contradictory meanings, including "to lift up", "to abolish", "cancel" or "suspend", or "to sublate". The term has also been defined as "abolish", "preserve", and "transcend". In philosophy, is used by Hegel in his exposition of dialectics, and in this sense is translated mainly as "sublate". Hegel In Hegel, the term has the apparently contradictory implications of both preserving and changing, and eventually advancement (the German verb means "to cancel", "to keep" and "to pick up"). The tension between these senses suits what Hegel is trying to talk about. In sublation, a term or concept is both preserved and changed through its dialectical interplay with another term or concept. Sublation is the motor by which the dialectic functions. Sublation can be seen at work at the most basic level of Hegel's system of logic. The two concepts ''Being'' and ''Nothing'' are each both preserved and changed through sublation in the c ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   [Amazon] |
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Hegel
Georg Wilhelm Friedrich Hegel (27 August 1770 – 14 November 1831) was a 19th-century German idealism, German idealist. His influence extends across a wide range of topics from metaphysical issues in epistemology and ontology, to political philosophy and the aesthetics, philosophy of art and philosophy of religion, religion. Born in 1770 in Stuttgart, Holy Roman Empire, during the transitional period between the Age of Enlightenment#German states, Enlightenment and the German Romanticism, Romantic movement in the Germanic regions of Europe, Hegel lived through and was influenced by the French Revolution and the Napoleonic wars. His fame rests chiefly upon the ''The Phenomenology of Spirit, Phenomenology of Spirit'', the ''Science of Logic'', and his Teleology, teleological account of history. Throughout his career, Hegel strove to correct what he argued were untenable Mind–body dualism, dualisms endemic to modern philosophy (typically by drawing upon the resources of ancient ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   [Amazon] |
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Adaptive Radiation
In evolutionary biology, adaptive radiation is a process in which organisms diversify rapidly from an ancestral species into a multitude of new forms, particularly when a change in the environment makes new resources available, alters biotic interactions or opens new environmental niches. Starting with a single ancestor, this process results in the speciation and phenotypic adaptation of an array of species exhibiting different morphological and physiological traits. The prototypical example of adaptive radiation is finch speciation on the Galapagos ("Darwin's finches"), but examples are known from around the world. Characteristics Four features can be used to identify an adaptive radiation: #A common ancestry of component species: specifically a ''recent'' ancestry. Note that this is not the same as a monophyly in which ''all'' descendants of a common ancestor are included. #A phenotype-environment correlation: a ''significant'' association between environments and the mor ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   [Amazon] |
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Charles Darwin
Charles Robert Darwin ( ; 12 February 1809 – 19 April 1882) was an English Natural history#Before 1900, naturalist, geologist, and biologist, widely known for his contributions to evolutionary biology. His proposition that all species of life have descended from a Common descent, common ancestor is now generally accepted and considered a fundamental scientific concept. In a joint presentation with Alfred Russel Wallace, he introduced his scientific theory that this Phylogenetics, branching pattern of evolution resulted from a process he called natural selection, in which the struggle for existence has a similar effect to the artificial selection involved in selective breeding.. Darwin has been described as one of the most influential figures in human history and was honoured by Burials and memorials in Westminster Abbey, burial in Westminster Abbey. Darwin's early interest in nature led him to neglect his medical education at the University of Edinburgh Medical Schoo ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   [Amazon] |
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Origin Of Species
''On the Origin of Species'' (or, more completely, ''On the Origin of Species by Means of Natural Selection, or the Preservation of Favoured Races in the Struggle for Life'')The book's full original title was ''On the Origin of Species by Means of Natural Selection, or the Preservation of Favoured Races in the Struggle for Life''. In the 1872 sixth edition, "On" was omitted, so the full title is ''The origin of species by means of natural selection, or the preservation of favoured races in the struggle for life.'' This edition is usually known as ''The Origin of Species.'' The 6th is Darwin's final edition; there were minor modifications in the text of certain subsequent issues. See Freeman, R. B. In Van Wyhe, John, ed. ''Darwin Online: On the Origin of Species'', 2002. is a work of scientific literature by Charles Darwin that is considered to be the foundation of evolutionary biology. It was published on 24 November 1859. Darwin's book introduced the scientific theory that p ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   [Amazon] |
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Shiva As The Lord Of Dance LACMA Edit
Shiva (; , ), also known as Mahadeva (; , , ɐɦaːd̪eːʋɐh and Hara, is one of the principal deities of Hinduism. He is the Supreme Being in Shaivism, one of the major traditions within Hinduism. Shiva is known as ''The Destroyer'' within the Trimurti, the Hindu trinity which also includes Brahma and Vishnu. In the Shaivite tradition, Shiva is the Supreme Lord who creates, protects and transforms the universe. In the goddess-oriented Shakta tradition, the Supreme Goddess (Devi) is regarded as the energy and creative power (Shakti) and the equal complementary partner of Shiva. Shiva is one of the five equivalent deities in Panchayatana puja of the Smarta tradition of Hinduism. Shiva has many aspects, benevolent as well as fearsome. In benevolent aspects, he is depicted as an omniscient yogi who lives an ascetic life on Kailasa as well as a householder with his wife Parvati and his two children, Ganesha and Kartikeya. In his fierce aspects, he is often depicted sla ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   [Amazon] |
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Das Kapital
''Capital: A Critique of Political Economy'' (), also known as ''Capital'' or (), is the most significant work by Karl Marx and the cornerstone of Marxian economics, published in three volumes in 1867, 1885, and 1894. The culmination of his life's work, the text contains Marx's analysis of capitalism, to which he sought to apply his theory of historical materialism in a critique of political economy, critique of classical political economy. 's second and third volumes were completed from manuscripts after Marx's death in 1883 and published by Friedrich Engels. Marx's study of political economy began in the 1840s, influenced by the works of the classical political economists Adam Smith and David Ricardo. His earlier works, including ''Economic and Philosophic Manuscripts of 1844'' and ''The German Ideology'' (1846, with Engels), laid the groundwork for his theory of historical materialism, which posits that the Base and superstructure, economic structures of a society (in par ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   [Amazon] |
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Friedrich Engels
Friedrich Engels ( ;"Engels" ''Random House Webster's Unabridged Dictionary''. ; 28 November 1820 – 5 August 1895) was a German philosopher, political theorist, journalist, and revolutionary socialist. He was also a businessman and Karl Marx's lifelong friend and closest collaborator, serving as the co-founder of Marxism. Born in Barmen in the Kingdom of Prussia, Engels was the son of a wealthy textile manufacturer. Despite his Bourgeoisie, bourgeois background, he became a staunch critic of capitalism, influenced by his observations of industrial working conditions in Manchester, England, as published in his early work ''The Condition of the Working Class in England'' (1845). He met Marx in 1844, after which they jointly authored works including ''The Holy Family (book), The Holy Family'' (1844), ''The ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   [Amazon] |
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The Communist Manifesto
''The Communist Manifesto'' (), originally the ''Manifesto of the Communist Party'' (), is a political pamphlet written by Karl Marx and Friedrich Engels, commissioned by the Communist League and originally published in London in 1848. The text is the first and most systematic attempt by Marx and Engels to codify for wide consumption the historical materialist idea that "the history of all hitherto existing society is the history of class struggles", in which social classes are defined by the relationship of people to the means of production. Published amid the Revolutions of 1848 in Europe, the manifesto remains one of the world's most influential political documents. Marx and Engels combine philosophical materialism with the Hegelian dialectical method in order to analyze the development of European society through its modes of production, including primitive communism, antiquity, feudalism, and capitalism, noting the emergence of a new, dominant class at each st ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   [Amazon] |
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Journal Of Political Economy
The ''Journal of Political Economy'' is a monthly peer-reviewed academic journal published by the University of Chicago Press. Established by James Laurence Laughlin in 1892, it covers both theoretical and empirical economics. In the past, the journal published quarterly from its introduction through 1905, ten issues per volume from 1906 through 1921, and bimonthly from 1922 through 2019. The editor-in-chief is Esteban Rossi-Hansberg (University of Chicago). It is considered one of the top five journals in economics. JPE Micro and JPE Macro In 2023, University of Chicago Press announced the establishment of Journal of Political Economy Microeconomics (JPE Micro) and Journal of Political Economy Macroeconomics (JPE Macro), two new journals that are vertically integrated with the Journal of Political Economy. Abstracting and indexing The journal is abstracted and indexed in EBSCO, ProQuest, EconLit, Research Papers in Economics, Current Contents/Social & Behavioral Scien ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   [Amazon] |