" . . . by the Census Bureau definition of "poverty," the very "poorest" people are highly unlikely to be "poor" at all in terms of material deprivation, and in fact are highly likely to be quite wealthy in the sense of ownership of valuable assets (as opposed to current income). "
"...Joseph Schumpeter coined the term "creative destruction" and authored the line "This process of Creative Destruction is the essential fact about capitalism." We see economic assets around us constantly being re-deployed into new uses, but rarely pause to look at them or consider the underlying processes."