It might be true that Capitalism has a lot of problems. But as they say, "it's better than the alternative."
Before we attack Capitalism for the current economy, consider that there have been a lot of un-Capitalist things going on in recent years:
- governments creating many social programs
- rising government spending
- governments protecting those 'too big to fail'
- government incentives (for ethanol, oil drilling, cash for clunkers...)
- central banks to create money and set interest rates
- ability to influence elected officials with financial contributions
- ability to influence law enforcement and justice system
It is Capitalism that let's us buy what we want, based on what we can afford, and be responsible for the consequences.
Yes, we're a greedy lot. The fact is Capitalism works (better than the rest) because it can best deal with the very human emotions of fear and greed. When we're too greedy, the free market has a way of knocking sense back in.
No other type of economy makes full use of the resourcefulness of its members (us citizens), to make use of what they have, learn from their mistakes, and grow in a direction of their self will, creativity and determination.
Before we attack Capitalism because it seems to attack those who are down and out, I'd suggest that Capitalism allows us to create support systems to 'help our neighbor.' Each one of us fears a time when we might need help, or at least a lift up; and Capitalism let's us channel this into systematic, perhaps creative ways to help our neighbors.
Yes, we're currently going through a painful Capitalistic process as we digest bad debts and bad decisions made in recent years.
But consider that many of those debts and bad decisions might have worked themselves out long ago if we (and our governments) weren't so un-Capitalistic.