Creative destruction is seen in the 10 to 20% of companies that fall from the S&P 500 each 2 years.
Venice, I realized, is the antithesis of creative destruction. It exists to conserve and appreciate a past, not create a future.
Alan Greenspan -- The Age of Turbulence
Capitalism expands wealth primarily through creative destruction — the process by which the cash flow from obsolescent, low-return capital coupled with new savings is invested in high-return, cutting-edge technologies.