In a free society creative destruction is good. See this from the Library of Economics & Liberty:
The saving grace comes from recognizing the good that comes from the turmoil. Over time, societies that allow creative destruction to operate grow more productive and richer; their citizens see the benefits of new and better products, shorter work weeks, better jobs, and higher living standards.
This constant churning in the market is the result of consumer choice and accrues to the benefit of all. The creative destruction by government, of which Wilmeth speaks, is of course just the opposite. The edicts issued by a few powerful bureaucrats benefits the few and results in fewer products of less quality and lower living standards. It is a permanent destruction.