Another in a series of posts tracing the evolution of two vacated business sites.
The opening up of new markets, foreign or domestic, and the organizational development from the craft shop and factory to such concerns as U.S. Steel illustrate 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. It is what capitalism consists in and what every capitalist concern has got to live in. . . .
32nd and Market Streets, Camp Hill, PA, 07 October 2009
The new Rite Aid is almost ready to open. On the other hand…
Carlisle Pike, Silver Spring Township, PA, 07 October 2009
Prior posts in this series:
Creative Destruction?
Creative Destruction? #2
Creative Destruction? #3
Creative Destruction? #4
Creative Destruction? #5
Creative Destruction? #6
Tags: creative destruction, economic crisis, failure, renewal
