Capitalism: Is it Working?

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Capitalism works. What most countries have is not capitalism, it is corporatism, where corporations have a lot of control over the government and pass laws to help themselves. Capitalism can be seen as the separation of the market from the state. In other words, the government does not pass laws that help individual corporations, and leaves the market to largely regulate itself.

That sounds a bit Liberatarian-ish for my tastes. I think government should interfere with capitalism when its in the public interest.