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The Contradiction Behind Creative Destruction
Creative destruction is the process of industrial mutation that incessantly revolutionizes the economic structure from within, incessantly destroying the old one, incessantly creating a new one. Schumpeter goes on to say that the process of creative destruction is the essential fact about capitalism. Put simply is the process of out with the old, in with the new. In many cases this is seen has beneficial for an economy. However, creative destruction is a contradiction in and of itself and can often lead to turmoil of the businesses and people effected by it.
How Money Has Corrupted MankindThis article talks about money and how it is the root of many problems in today’s society. It also looks at how our own governments are behind the problem. The end of the article talks about what each of us can do to better the situation.
A Society CorruptedThe world today is driven by selfishness and greed. The sociological change in society has corrupted the modern world. Even the technological marvels of today has all but cemented the instant gratification mentality that has swept over societies, It is known that many of our values, the decorum, etiquette and morals are all past down from our parents to each subsequent generation.
Industrial Displacement and Financial Security of the Displaced Population at Kalinga Nagar, OdishaOrissa being a mineral rich state attracts large sums of investment in various development projects, more specifically in the mining and industrial sector. The state provides ample opportunities for value addition and throws open avenues for the process of industrialization. Though due to industrialization rapid development of the periphery occurs, during this process large number of local inhabitants are displaced and rehabilitated. These displaced persons have a right to adequate replacement of the habitat and structures. Keeping this in view, the current study aims to carry out an in depth study on the implications of industrial displacement, rehabilitation and resettlement on the financial security of the people affected.
Growing Indonesian Economy Helping Foreign Exchange Expand RapidlyForeign Exchange in Indonesia has witnessed a significant development since the past few years. Providing solid bases for trading and Forex, the Indonesian economy is among’st the top flourishing countries of South East Asia. Profuse natural assets and crude oils make Indonesia as one of the top choices for the first world countries like the UK and the United States.