El poder de la destrucción creativa

Crises happen. Inequality is increasing, growth is stagnating, the environment is deteriorating and the Covid-19 pandemic has exposed the weaknesses of the system. There are more and more calls for radical change, including the end of capitalism. But the answer to these problems is not revolution, but creating a better capitalism. For that, it is necessary to understand and harness the power of creative destruction: a disruptive innovation, but one that for the last two centuries has generated prosperity that was previously unthinkable. To explain this, Philippe Aghion, Céline Antonin and Simon Bunel draw on the most advanced theory and data and analyze the fundamental economic questions of today, such as the roots of growth and inequality, competition and globalization, the determinants of economic health and happiness, technological revolutions or secular stagnation. And they make a revolutionary and provocative proposal based on innovation. The Power of Creative Destruction involves an ambitious review of the fundamentals of economic success and a blueprint for change that teaches us that ultimately a just and prosperous future is at hand. But we must appeal to creativity and not be afraid of some well-regulated destruction.