Welcome to Bookmarker!

This is a personal project by @dellsystem. I built this to help me retain information from the books I'm reading.

Source code on GitHub (MIT license).

the incessant product and process innovation mechanism by which new production units replace outdated ones; coined by Joseph Schumpeter in 1942 as "the essential fact about capitalism"

Looking back at the past seventy years of production, both globally and in the United States, it is clear that the industry is never up nor down for long. Hypercompetitive battles to win customers in America’s “replacement” market and the current dominance of “localized” production models undergird a landscape of perpetual creative destruction.

—p.39 The Long Road to Crisis (33) by Nicole Aschoff
5 years, 7 months ago