Tag Archives: creative destruction of jobs

The Strategic Importance of Renewable Energy

There are three principal reasons why British renewable energy is strategically important. They are, safety of supply, price stability and developing 21st century industries. These are central to the national interest. Safety of Supply The Royal Navy protects British shipping … Continue reading

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Technology and beneficial job destruction

Introduction Traditionally work was regarded as a necessity. This is challenged by constant improvements in technological devices and strategies. Entire sectors of employment have disappeared. The changes cause immediate pain through unemployment, which is the price of economic innovation. Constant … Continue reading

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Disruptive Technology and the Fourth Industrial Revolution

An ultra- modern householder in 1914 probably purchased recently invented gadgets powered by electricity like toasters, vacuum cleaners, ovens and telephones. These, and subsequent, inventions are the disruptive technology of our era. For example by 1954, 1.75 million domestic servant … Continue reading

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