Attack Quotes - page 18
It is good to know that our nation's defenses against a conventional attack are impregnable, and an imperative that America remain vigilant against threats from terrorists. But as is the case with a human being, admirable characteristics of a nation are not defined by size and physical prowess. What are some of the other attributes of a superpower? Once again, they might very well mirror those of a person. These would include a demonstrable commitment to truth, justice, peace, freedom, humility, human rights, generosity, and the upholding of other moral values.
Jimmy Carter
A final aspect of all open access orders is Schumpeter's notion of creative destruction, one of the most powerful descriptions of a competitive, open access economy. When Schumpeter wrote Capitalism, Socialism, and Democracy in the early 1940s, the economic theory of perfect competition among atomistic firms (i. e., firms too small to have market power) had come under sustained attack as unrealistic. Large and powerful economic organizations dominated the new economy, and their behavior did not match the textbooks. Despite this dominance, the economy produced historically unprecedented, sustained economic development. Schumpeter asked, How could large businesses that were supposed to choke off competition and growth nonetheless generate such spectacular productivity increases in a world that seemed ever more competitive?
Douglass North