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The Paradox Of Progress: Creative Destruction

11 minutes 20 seconds

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The automobile killed the horse and buggy. The airplane signaled the demise of passenger railroads. The invention of the typewriter created millions of jobs, but when the personal computer came along, those jobs were gone. Progress and innovation can lead the process of "Creative Destruction" as demonstrated through the story of the revolutionary system of package delivery pioneered by FedEx.

Media Details

Runtime: 11 minutes 20 seconds

Topic: Business
Subtopic: Economics, Industry
Grade/Interest Level: 7 - 12
Standards:

Release Year: 2012
Producer/Distributor: izzit.org
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Black and white photo. Chinese man stands in front of building with sign that reads, "Washing and Ironing." Caption. Is a denial of the equal protection of the laws.

Green-roofed paifang stands between 2 buildings on a city street. Car and pedestrians in foreground. Caption. Of many major American cities is a bit of China.

Two men sit on terrace with hands clasped and lips parted in mid-speech. City skyline in background. Caption. Beyond editing, equipment, software, and all these.

Split screen of woman speaking with black and white photo of a senior man to her right. Caption. By a really unique individual name Marcel Bleustein-Blanchet.

Split screen. Closeup of sound equipment on left. Middle-aged man in plaid shirt sitting with hands clasped on right. Title card reads, "Tom Jucarone. Partner, mixer." Caption. Well, we started in 1998.

Men wear khaki vests labor in an antiquated workshop. Caption. Henry Ford isn't just making a revolutionary car.

Man in work clothes balances on a metal beam above sprawling cityscape. Caption. There's only one place to go, up.

Woman in pioneer costume with bonnet rests head on girl snuggled up in her lap. Caption. Anyone with a 10 dollar filing fee can free claim land.

Color illustration of colonial figures standing on a dock lined with boats. Clusters of buildings fill background.