Companies Molding Our Democracies to Destruction

Imagine the world in which people are governed by their chosen government, but this regime is made up of candidates chosen by the biggest company. Therefore, the management of people, economics and the environment is left to the hands of these companies. This sounds incredible, but it's not a movie; unfortunately, this is the reality that begins to happen. Today, in most countries, there are democratic societies and government systems called "methods of decision making characterized by the existence of equality among participants at the main stage of collective decision making" (Cristiano).

For the company this will create creative damage to SuperDrive. Creative destruction is the term made by Joseph Schumpeter in books published in 1942 in capitalism, socialism, democracy. The economic structure always creates a new economic structure. Please think about the scenery of today. Google, Facebook, Amazon. They did not exist 20 years ago. They only enter the scene if there is significant mass data to enable the algorithms built in the background. Today, we consider it a matter of course, but these companies support the assertion that Innoight's "About half of Standard & Poor 500 companies will be replaced within the next 10 years". They continue, "Imagine the average company's 12-year world at S & P 500. This is the reality we can live in 2027."

Understanding the concept of creative destruction is very important for entrepreneurs and managers of large companies. Creative destruction is the first term Joseph Schumpeter used in 1942 as "capitalism, socialism, democracy". They explain why sustainable companies are not doing well in the market, in particular how they are transformed. They show that even the most respected companies can not maintain market performance levels over 10-15 years. It really provides a new paradigm that changes the way we think about our business.