Those terms you may dislike, but you need to find some other way to describe how VHS “destroyed” Beta, only to be destroyed in turn.
The demise of both Beta-Max and VHS were market driven, due to changing technology. Both would have become obsolete with the wave moving to CD, then DVD, then Blu-Ray, and now streaming broadband. That competition was driven by supply and demand, but is not representative of other products or industries.
You can find particular sets of products to support whatever economic theory you are pushing at any particular moment, without that set of products painting a clear picture of the overall economy. What does reflect the overall economic change of the past few decades is the massive movement supporting Trump. These crowds we have seen are mostly working, productive people, of all sectors of the economy, all education levels, all colors, voicing their discontent with the drastic reduction in lifestyle they have experienced. These are NOT the deadbeat gimmee-dats, or the deadbeat government employees, or the ignorant youth, or the terminally outraged, spoiled liberal campus brats.
The "creative destruction" wrought by the Free Traitors did not result in superior products or better prices. For instance, we are now paying more for textile products and the quality is poorer than those of thirty years ago. The demand for textiles is more in line with household staples than with discretionary spending.
The prices of vehicles are higher now by far more than inflation can account for, and the labor that goes into vehicles is less than ever before. Those prices are driven by environmental snake-oil and the resulting US regulations. None of this is quality driven, or supply/demand driven.
As I said before, people are aware that the changes in their economic situation has been politically driven, not economically driven, for the vast array of changes. Snake-oil is not selling well in this campaign season.