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

Editor's Note: We invite comments and request that they be civil and on-topic. We do not moderate or assume any responsibility for comments, which are owned by the readers who post them. Comments do not represent the views of Reason.com or Reason Foundation. We reserve the right to delete any comment for any reason at any time.

advertisement