Don’t doubt Schumpeter

According to Schumpeter, the “gale of creative destruction” describes the “process of industrial mutation that continuously revolutionizes the economic structure from within, incessantly destroying the old one, incessantly creating a new one” (Capitalism,Socialism and Democracy)

Wiki

In the City of London, the remains of Roman walls juxtapose modern high rises. The destructive forces of the great fire of 1666 and the Blitz opened up windows into archiology of the ancient past. This was followed, over many generations by an energetic rebuilding.

The results of the ancient side-by-side with the modern are quite spectacular.

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