Checking in ................................

..................................with Joseph Schumpeter:

 We always plan too much and always think too little. We resent a call to thinking and hate unfamiliar argument that does not tally with what we already believe or would like to believe.

Politicians are like bad horsemen who are so preoccupied with staying in the saddle that they can’t bother about where they’re going

The masses have not always felt themselves to be frustrated and exploited. But the intellectuals that formulated their views for them have always told them that they were, without necessarily meaning by it anything precise.

The way in which we see things can hardly be distinguished from the way in which we wish to see them.

Created by wars that required it, the machine now created the wars it required.

History is a record of "effects" the vast majority of which nobody intended to produce.

 . . .the same process of industrial mutation—if I may use that biological term—that incessantly revolutionizes the economic structure from within, incessantly destroying the old one, incessantly creating a new one. This process of Creative Destruction is the essential fact about capitalism.

Every piece of business strategy must be seen in its role in the perennial gale of creative destruction.

I felt it my duty to take, and to inflict upon the reader, considerable trouble in order to lead up effectively to my paradoxical conclusion: capitalism is being killed by its achievements.