Dear Mr. Ferreira,

Good luck on your PhD. But as a general point of interest related somewhat to the research that I do and have copyrighted, some of it here on Research Gate itself, and some shared with journals and various societies and my PhD thesis, I am of the opinion that based on the Schumpeterean viewpoint on which Jovanovic and Rousseau, Benhabib, Nadiri, Nyarko, Prucha, and others have done substantial amount of research in Economics, creative destruction is a efficient process of economic dynamics. Creative Destruction means that in the process of inventing new goods you destroy some old by replacing them in production and therefore in consumption. Hence, if you look at our paper on Mallick, Krichel & Novarese (2010) by creating shadow markets and also in Mallick (2003), Mallicfk, Hamburger & Mallick (2016, 2017, 2018), Mallick, Raychaudhury & Mallick (2018), we have shown Econophysically that is in our newly defined internetworked spacetime of physical*economic*financial efficiency which by Maxwell & Planck Theory is string perturbed and string condensed in Quantum Mechanics (Higgs-Mallick (Yang Mills)) Millenial Mechanics, to resolve the Heisenberg Quantum paradox, and thereby introduce the effect of the Einsteimn Rikki tensor, string matching field theory solutions exist which therefore can be resolved by internetworked cybernetic action with new Genetic Algorithms (Mallick et. al. ). Hence, to put it simply capitalism and greed that is contained in the heart-mind turnpike (Mallick (2018)) of the Laissez-Faire electronic industrialised stock exchange system can theoretically contain the solution space of the problems, of course subject to certain string matching field theoretic norms mainly concentrated on the "internetworked Learning Field" (Mallick (1993), Mallick et. al. as above)). We have shown that sustainable dynamic equilibrium of the state contingent asset pricing and management engineering type exist both in the short run as well as in the long run to solve the type of Econophysical problems you are suggesting. Sorry for such a long and convoluted answer.

Soumitra K. Mallick (CA),

for Soumitra K. Mallick, Somak Raychaudhury, Sandipan Mallick and others,

of The RHMHM School,

USA, Japan, India

https://www.cnbc.com/2018/10/01/the-next-financial-crisis-will-be-brought-on-by-inadequate-regulation-top-economist-says.html

Follow Ray Dalio, the titan billionaire , possibly the greatest business thinker of our times. He wants government to increase taxes on wealth like him, meaning less shoes....Look also his latest CNBC interview + in the 60minutes show. Google them

> I strongly believe that Planet Earth is not going to be destroyed. Happy Easter 2020.

> The human adventure is just beginning.

Greed destroys nature and human relations; capitalism is just a transitory stage of our ethical state of human development. Socialism (as per state commanded practice) is the hardest road from capitalism to capitalism.

I think it wont, because capitalism will lead us to perfect an-cap, with voluntarism its main value.

Mamia Tetvadze

Anything destructive in nature will not survive for long. Though the idea of Capitalism was novel, we had exploited it to prove our superiority over our less fortunate brothers/regions/states/countries. However, people got fed up with the whole idea of wealth maximization and it leads to the birth of newer and better forms of capitalism. For example, conscious capitalism strives to achieve the goal of a triple bottom line. We also see a spurt in the number of social enterprises working throughout the world with social value creation as their mission.

As far as greed is concerned, there is a famous saying that the earth is having enough to cater for our needs but not our greeds. Greed is having the most devastating effect on sustainability and perhaps acts as an antecedent of inequity in this world.