Everything new endangers something old. A new machine replaces human hands; a new source of power threatens old businesses; a new trade route wipes out the supremacy of old ports and brings prosperity to new ones. This is the price that must be paid for progress and it is worth it.
About this quote
- What does it mean?
- Progress inevitably disrupts existing systems and industries.
- In plain terms
- Change hurts some people but helps overall growth.
- What can you take from it?
- Accept disruption as the cost of moving forward.
Where it applies
Putting it to work
Questions to consider
- Who is left behind by progress?
- How do we share the gains?
Another view
Not everyone can recover from sudden displacement.
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