The process of creative destruction is the essential fact about capitalism.
创造性破坏的过程是资本主义的基本事实。
The theory of economic development is the study of how the economic system generates the forces which incessantly transform it.
经济发展理论研究的是经济系统如何产生不断改变它的力量。
The first task is to understand the problem, the second to find a solution, and the third to carry it out.
第一项任务是理解问题，第二项是找到解决方案，第三项是执行它。
The function of entrepreneurs is to reform or revolutionize the pattern of production by exploiting an invention or, more generally, an untried technological possibility for producing a new commodity or producing an old one in a new way.
Capitalism, then, is by nature a form or method of economic change and not only never is but never can be stationary.
The opening up of new markets, foreign or domestic, and the organizational development from the craft shop and factory to such concerns as U.S. Steel illustrate the same process of industrial mutation—if I may use that biological term—that incessantly revolutionizes the economic structure from within, incessantly destroying the old one, incessantly creating a new one.
The fundamental impulse that sets and keeps the capitalist engine in motion comes from the new consumers' goods, the new methods of production or transportation, the new markets, the new forms of industrial organization that capitalist enterprise creates.
Innovation is the market introduction of a new technical process, product, or organizational form.
创新是市场引入新的技术流程、产品或组织形式。
The stock exchange is a poor substitute for the Holy Grail.
证券交易所是圣杯的糟糕替代品。
The capitalist achievement does not typically consist in providing more silk stockings for queens but in bringing them within the reach of factory girls in return for steadily decreasing amounts of effort.
资本主义的成就通常不在于为女王提供更多的丝袜，而在于使工厂女工以不断减少的努力获得它们。
Economic progress, in capitalist society, means turmoil.
在资本主义社会中，经济进步意味着动荡。
The success of everything depends on intuition, the capacity of seeing things in a way which afterwards proves to be true, although it cannot be established at the moment.
一切的成功都依赖于直觉，即以一种事后证明是正确的方式看待事物的能力，尽管在当下无法确定。