Conservatives and Creativity—Conservatives and Change Part III
In the last episode, we argued that conservatives must embrace Creative Destruction, the process that drives economic progress. Doing so, however, requires a more open posture toward change.
In this episode, the last of our series on conservatives and change, we argue that business leaders, entrepreneurs, and intrapreneurs must embrace a culture of creativity and change to drive free market growth. Similarly, if conservatives want to preserve their cultural values, they’ll have to abandon their aversions to change. Change is inevitable. It’s natural, and standing against it all but guarantees your values will be consumed by it.
The only way to reinforce free market principles is to embrace the process of Creative Destruction, embrace change, innovation, creativity, entrepreneurship, and intrapreneurship and direct change, rather than be directed by it.
Episode Notes, Sources and Corrections
Check out the Wikipedia page on Douglass North for more information on the Nobel laureate economist’s work on institutional economics.
For more information on using Means, Motive and Opportunity to build a culture of innovation, check out Remington’s guest article in Mercer’s Voice on Growth publication.
Towards the end of the episode, Remington declares that “God is the biggest hippie in the universe.” We would like to note that God should not necessarily be thought of as being in the universe.