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In this article, Jan Vis relates that, according to famed Austrian economist Joseph Schumpter, capitalism is characterised by "creative destruction." Activities that do not add economic value are replaced by activities that are expected to be more lucrative. The developments of the recent past has shown us that this can be a volatile process.

Participants
  • Jan
    Role: Staff
    Reference type: Written by
Media Outlets
  • Chief Financial Officer (Scientific or industry journal)