Doing your taxes, the right way…

Joseph Schumpeter coined the term ‘Creative Destruction’ for describing the quick capitalistic process of exponential growth, restructuring, and destruction; all of which occur during a transformative period of Industrial Mutation.

I’ve never read much of Schumpeter’s work until recently, but I’m intrigued by the way he compares economic and social characteristics to biological patterns of behavior. In the Chapter Imperialism and Capitalism of “Imperialism and Social Classes”, he refers to Imperialism (more specifically, war policy) as Atavistic in character:

[Imperialism] falls into that large group of surviving features from earlier ages that play such an important part in every concrete social situation.

It tends to disappear as a structural element because the structure that brought it into the fore goes into a decline, giving way, in the course of social development, to other structures that have no room for it and eliminate the power factors that support it.

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Test

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