(Answered) Who wrote, “Capitalism is virtually synonymous with ‘creative destruction’?”Group of answer…

➤ How does creative destruction differ from Karl Marx’s view of capitalism?
Marx emphasized inherent contradictions and class conflict leading to systemic crisis. Schumpeter focused on innovation and entrepreneurs as the engine of economic change. He saw creative destruction as a normal mechanism of growth, not necessarily a path to proletarian revolution, though it can provoke social and political tensions.