Originally posted on The Oil for Your Lamp:
If you listen to those who claim to know better, they will tell you this is not an exceptional nation. That it’s founders were just a bunch of old, rich white men looking to preserve their place of privilege. They will even tell you that the nation…
In economic terms, capitalism features a characteristic called “creative destruction.” Coined by the Austrian-born American economist, Joseph Schumpeter in 1942, he considered it ‘the essential fact about capitalism’. Creative destruction refers to the incessant product and process innovation mechanism by which new production units replace outdated ones. In other words, the capitalist system improves itself and…
“…democratic socialism, the great utopia of the last few generations, is not only unachievable but that to strive for it produces something utterly different – the very destruction of freedom itself. As has been aptly said: ‘What has always made the state a hell on earth has been precisely that man has tried to make…
The Rio Norte Line 
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