Write a research paper discussing “the ways in which capitalism not only creates and destroys existing structures, but also manages them.”

Write a research paper discussing “the ways in which capitalism not only creates and destroys existing structures, but also manages them.” “Innovation by the Entrepreneur” argued Schumpeter, leads to gales of “creative destruction” as innovations cause old inventories, ideas, technologies, skills, and equipment to become obsolete. The question is not “how capitalism administers existing structures,…[but] how it creates and destroys them.” This creative destruction, he believed, causes continuous progress and improves the standards of living for everyone.” Joseph Alois Schumpeter, 1883-1950Links to an external site. In terms a little more modern than Shumpater’s, Dr. Abhijeett Desai explains that the predominant form of innovation can look disruptive, but is, in fact, transformational innovation. Explore Dr. Desai’s thinking in Transformative Innovations vs. Disruptive InnovationLinks to an external site.. Address the following statement in a 1-page (minimum) paper: 1) Identify at least one recent innovation in any industry and explain if that innovation was disruptive (per the definition Jon gives) or transformational.2) This course requires the use of Strayer Writing Standards (SWS). The library is your home for SWS assistance, including citations and formatting.