a great coded expression for taking a dump. Has a subtle onomatopoeic effect. Often used when bored of normal topics which are related to Schumpeter.
by urbaneconomist November 25, 2010
Joseph Schumpeter. Economist. Wrote "The Theory of Economic Development." Coined the phrase "creative destruction" to describe the mess that results whenever capitalism takes off.
The Economist editorial: "Kakakistan's new government takes reform seriously, protects investment and property rights, and reduces taxes."
Kakakistan resident: "Can't afford food or rent. Seems we been Schumpetered."
Harlem real estate guy: Gentrified.
Harlem resident moving to the Bronx: Schumpetered.
Kakakistan resident: "Can't afford food or rent. Seems we been Schumpetered."
Harlem real estate guy: Gentrified.
Harlem resident moving to the Bronx: Schumpetered.
by Stochastic style August 29, 2005