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The process of creative destruction is the essential fact about capitalism.

創造性破壞的過程是資本主義的基本事實。

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.

The stock exchange is a poor substitute for the Holy Grail.

證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.

資本主義的成就通常不在于為女王提供更多的絲襪，而在于使工廠女工以不斷減少的努力獲得它們。

Economic progress, in capitalist society, means turmoil.

在資本主義社會中，經濟進步意味著動蕩。

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.

企業家的功能是通過利用一項發明或更一般地說，通過利用一種未嘗試的技術可能性來改革或徹底改變生產模式，以生產一種新商品或以新方式生產一種舊商品。

Capitalism, then, is by nature a form or method of economic change and not only never is but never can be stationary.

資本主義本質上是一種經濟變革的形式或方法，不僅從未靜止，而且永遠不可能靜止。

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.

新市場的開放，無論是國內還是國外，以及從手工作坊和工廠到美國鋼鐵公司等企業的組織發展，都說明了同樣的工業突變過程——如果我可以用這個生物學術語的話——它不斷地從內部革新經濟結構，不斷地摧毀舊的經濟結構，不斷地創造新的經濟結構。

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.

推動并保持資本主義引擎運轉的根本動力來自新的消費品、新的生產或運輸方法、新市場以及資本主義企業創造的新的工業組織形式。