Is Capitalism Finished?

Firstly lets look at Wikipedia's definition of capitalism:

"A free-market economy is one within which all markets are unregulated by any parties other than market participants. In its purest form, the government plays a neutral role in its administration and legislation of economic activity, neither limiting it (by regulating industries or protecting them from internal/external market pressures) nor actively promoting it (by owning economic interests or offering subsidies to businesses or R&D)."


Now let us consider how the governments have acted:


*They have bailed out insolvent banks with Taxpayers money rather than leave them to the natural laws of economics and now own most of them.
*They continue to inflate currency supply by both printing £'s and $'s (quantitive easing) and manipulating the price of gold in paper markets to prop up their failing currencies. Put quite simply when investors look to protect wealth, gold is seen as a safe haven as it can not be plucked out of thin air. If the price of gold starts to fall then those investors might buy dollars instead so it is in the governments interests to suppress it.


So, is capitalism finished? lets hope not because this is not free market capitalism and free market capitalism is probably the only thing that will sort this mess out