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"the same process of industrial mutation ... that incessantly revolutionizes the economic structure from within, incessantly destroying the old one, creating a new one.  This process of Creative Destruction is the essential fact about capitalism."  (Capitalism, Socialism and Democracy, Joseph Schumpeter, p. 83)


Was our country founded by patriots who desired a government in thrall to the special interests of the day?  Is that what the words "life, liberty, and pursuit of happiness" mean?   Of course not.  The freedom we have gained through the ascendance of capitalism and our liberty, upon which our pursuit of our lives depends,  is dependent not on the re-imposition of lords and masters to make us vassals of the state. We need to let the General Motors and other dinosaurs of the last century die and move on to the new century. We need to let the free market work, to unleash the 'Creative Destruction' that may be painful in the short run but will allow us to realize greater freedom and a better life in the long run. 




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