Creative Destruction

Only capitalism, with its competition and incentives for innovation, can bring us the breakthrough technologies we need to drastically reduce our consumption of resources.

Without the creative destruction of the free market, we will stagnate and continue to pollute the environment. True sustainability requires radical progress – and that is only possible under capitalism.

Instead of indoctrinating the younger generation with fears of resource scarcity and climate damage, we should encourage them to find bold solutions through ground-breaking inventions and cutting-edge research.

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