Acton Institute Powerblog Archives

Post Tagged 'creative destruction'

COVID-19’s entrepreneurial creativity

The “new normal” of the COVID-19 pandemic has settled in and, with it, a new host of challenges. Businesses have adapted to the changing needs and desires of individuals in creative ways, sometimes radically changing their products, structures, and strategies. Continue Reading...

When cronyism meets ‘creative destruction’

Amid rapid globalization, Americans have faced new pressures when it comes to economic change, leading to abundant prosperity, as well as significant pain and disruption across communities. In search of a villain, populists and progressives routinely blame the expansion of free trade and rise of global conglomerates, arguing that entrenched and moneyed interests are now allowed to run rampant from country to country with little competition or accountability. Continue Reading...

Angela Dills on Uber and the social good

In recent years, Uber and other ride-sharing services have caused a lot of turmoil in urban transportation markets that have long been dominated by traditional taxi companies. And with the arrival of a disruptive force in a market, many questions arise: who benefits from the disruptions caused by new technologies? Continue Reading...

Deneen and Creative Destruction

Among many other bizarre claims in his most recent article at The American Conservative, Patrick Deneen writes, Today’s conservatives are liberals — they favor an economy that wreaks “creative destruction,” especially on the mass of “non-winners,” increasingly controlled by a few powerful actors who secure special benefits for themselves and their heirs…. Continue Reading...

Miller: ‘Does Capitalism Destroy Culture?’

Anyone who’s driven across the American landscape knows that there will be a familiar string of fast-food chains, gas stations and box stores along the expressways. You could virtually eat the same meal as you drive from one coastline of America to the other. Continue Reading...

Conservatives and the Non-Triumph of Capitalism

Conservatives need to stop shying away from principled, as opposed to merely utilitarian, defenses of economic freedom and its associated institutions, says Acton research director Samuel Gregg in an article for Public Discourse: Some fiscal conservatives are certainly too sanguine about creative destruction’s unintended negative effects on our lives. Continue Reading...