Reason.com
Stupid Grandson Theory
Kennedy Scandals, Then & Now.
(Page 5 of 19)
would have started contributing
to society?
Some 50 years ago, the great
economist Joseph Schumpeter
coined the now-hip term "creative
destruction" to describe what he
saw as the constant economic and
cultural adaptations
("mutations," he called them)
characteristic of market-based
societies. He noted further
that, under capitalism and
compared with feudal societies,
dynasties are particularly
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