Unfettered capitalism is as bad as all the other "ism's" as we are finding out. Wealth of Nations by Adam Smith pointed out the need for regulation in capitalist environment. And of course we have the example of the Glass Steagall Legislation that separated banking interest and worked wonderfully for so many years. Then, suddenly, thanks to the greed of Sandy Weill and Jamie Dimon, no more Glass Steagall, and that is the exact moment where the water started circling the bowl.