2 ms·
Creative destruction (see https://www.investopedia.com/terms/c/creativedestruction.asp https://www.investopedia.com/terms/c/creativedestruction.asp) is a core t
by nobodyandproud 4y ago
Creative destruction (see https://www.investopedia.com/terms/c/creativedestruction.asp https://www.investopedia.com/terms/c/creativedestruction.asp) is a core to the United States
The problems are the generational suffering that occurs with said creative destruction: There's no incentive to distribute or share out wealth and the results are brutal.
On your point: Note that in the US there's a separation of technical and engineering prowess (MIT, Caltech, ...) and power players (Yale, Harvard). It's almost like our system doesn't want our best engineers thinking about consequences or seeing what the political and wealthy are really like.