Out With A Bang

His name had cropped up before; can’t remember where.
But there it was again in a blog post by Bill Thompson…
http://www.thebillblog.com/billblog/index.php/2009/05/23/when-the-new-becomes-old/#more-635
Joseph Schumpeter.
And, more particularly, this paragraph… ‘He [Bill's friend, Will Davies..] points out that the creative destruction described by Schumpeter is, of necessity, destructive. Old practices are abandoned, old companies die, and new ways [...]