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The Failure of Capitalism

Warning: This post is meant for a rational audience who likes to wrestle with controversial points of view. If you are not amongst the rational category, please stop reading immediately . The author is not responsible for any results/consequences of reading this blog. The free market economy is touted as perhaps the best thing that happened to mankind since the invention of the wheel. The market is the place where we trade, where we can exchange goods and services for those which we cannot produce or are outside our skill sets. Money is just a way to facilitate trade, and is not an actual commodity. Or is it? Apparently, we can put a price on money. But it's not just about money. The free market is said to offer us ultimate choice; a scenario where the consumer is king; the ultimate in stable equilibria; and an invisible hand that always promotes the good of mankind. However, capitalism, like other systems is an idealistic model, and the systems which we have in place are a po...