Schumpeter [entrepreneurs] vs. Keynes [government intervention]

“In a speech to the American Economic Association in 1948, Schumpeter told an audience of Keynesians that Keynes was blinded by his ideology of stagnationism: underemployment equilibrium that required government stimulus to be overcome. He went on to remind the audience that the heart of the capitalist process was its endless dynamism, which was the opposite of Keynesian stagnationism.”