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More at the siteMany blame our current economic difficulties on Capitalism. There are certainly good arguments for doing so. However, there are even better arguments to blame it on current perversions of capitalism, and the corporatocracy that has replaced "free enterprise."Capitalism is an extremely productive economic system. Unfortunately it is subject to almost unlimited abuses and perversions. It is these abuses that will ultimately lead us to an Economic Armageddon, not capitalism itself. "Corporatocracy" is a better definition of our current economic system, rather than free enterprise capitalism.
The number of anti-free enterprise, pro-corporate laws and policies of our government is extensive. When extensive legislation exists to protect corporate interests, our system of "free market" capitalism is compromised. There are many examples of such corporate protection. Patent exclusivity is one example. Numerous extensions of patent exclusivity greatly reduce competition. These are anything but "free enterprise" policies.