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- Title
Arthur M. Diamond, Jr., Openness to Creative Destruction Sustaining Innovative Dynamism. Oxford: Oxford UP, 2019.
- Authors
Evans, Kelly Kate
- Abstract
Stagnation and Decline: A True Dilemma Diamond points out early on in the introduction that "When Schumpeter wrote of capitalism he meant "entrepreneurial capitalism", but unfortunately today "capitalism" is an ambiguous term used to label three or four very different economic systems" (p. xvi). Arthur M. Diamond, Jr., Openness to Creative Destruction Sustaining Innovative Dynamism. Professor Karikó is a good example of the unconventional picture that Diamond paints of entrepreneurs in a specific version of market capitalism he terms, innovative dynamism. One point Diamond could have pressed harder is the rippling effect that cultural and political disrespect for entrepreneurship and innovation has on an economy.
- Subjects
OXFORD University Press; CREATIVE destruction; BUREAUCRACY; DIAMONDS; CONSUMER preferences; FORTUNE; BUSINESSPEOPLE; ANIMAL welfare
- Publication
Journal of Value Inquiry, 2023, Vol 57, Issue 3, p581
- ISSN
0022-5363
- Publication type
Article
- DOI
10.1007/s10790-021-09827-9