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And of course it produces losers as well as winners.Inequality and turbulence, in Schumpeter's view, are a small price to pay for material progress.
Maybe the key to the mass innovation needed for material progress is still within us, waiting to be turned.
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Although actual opportunities soon contracted and a Melbourne working class rapidly emerged, Victoria was noted for its economic individualism and opportunism and for its material progress and financial speculation, as well as for its imperial loyalty and political pragmatism.
Many helpful goods have come of our technological genius, and for those I am grateful, but paeans to material progress seem never to acknowledge its shadowy side.
Obsessed with material progress, the hyperrationalists ignored the lure of resentment for the left-behind, and the tenacious pleasures of victimhood.
It was imbued with ideas that Klein would recognise – that unending material progress had a disastrous and destructive side, especially for the poor.
Pressures for change are coming from the growing recognition that despite China's remarkable material progress, the system is no longer equitable.
The next generation experienced less material progress.
They see material progress as vapid and unimportant.
Material progress is the story of the modern age.
As an example for material constraints, we usually progress with severely impaired patients from pictures of objects that have names with very high lexical frequencies.
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