On the surface the "structured to go broke" is an absurd concept, since all industries and companies are structured and designed for success. Right? If they weren't structured for success, from a Darwinian perspective they shouldn't exist. However, I'm pondering whether the very nature of some industries/companies, predispose them to be structured for failure.

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Written by lyceum
5160 days ago

Is this an example of the economic concept of "creative destruction" by Joseph Schumpeter?



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