Friedrich Nietzsche (1844–1900) and Joseph Schumpeter (1883–1950) were two thinkers who worked in different periods and different disciplines. Following his severe mental collapse in 1889, Nietzsche was unable to continue his philosophical work. Schumpeter was only six years old at the time. Therefore, a personal encounter between the two thinkers was not possible. Nevertheless, there are philosophical affinities between Nietzsche’s concept of the Übermensch and Schumpeter’s

From Creative Destruction to Destructive Innovation Joseph Schumpeter’s concept of creative destruction described capitalism as a...