Earlier quoted context omitted.
Some amount of stability is desirable, but not an infinite amount. A certain amount of creative destruction is necessary to avoid regulatory/ideological/bureaucratic/oligarchic capture. A completely stable system will fall to the iron law of bureaucracy.
> A certain amount of creative destruction is necessary... This sounds truthy and even casts instability as somehow heroic, but it's an oversimplification and hides similar fallacies. It also implies that instability for the sake of instability is default-positive. The best way to avoid capture is via law / regulation. There should be term limits, campaign finance reform, more regulation against lobbyists and the rev…
On the contrary. We tried to reform and improve the system through the normal channels for decades. We failed. The system is evidently already captured and something a little more radical is warranted.