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In 1958, the average lifespan of an S&P 500 company was 61 years. These days it's down to 15 years, because capitalism consumes like fire:

https://www.forbes.com/councils/forbestechcouncil/2022/09/16/corporate-death-rates-are-rising-these-four-strategies-can-drive-growth-and-increase-longevity/

The line that government is wasteful and business is efficient flies in the face of evidence. Federal and state governments have all outlasted Sears, K-mart, Enron, Worldcom, Toys-R-Us, Howard Johnson's, Woolworths, TWA, Revlon, Lehman Bros, AIG, Bed Bath and Beyond... GM and Texaco went through bankruptcy.

https://mastodon.online/@billyjoebowers/113630610006179157