Definition of creative destruction in English:

creative destruction


  • The process by which something is replaced, and thus effectively destroyed, by something newly created; (Economics) the process by which emerging technologies, industries, and ideas in capitalist economies continuously supplant existing ones, identified by Joseph Schumpeter in 1942; frequently in "gale of creative destruction".


1920s; earliest use found in Harold Laski (1893–1950), political theorist.