Dow falls over 500 points

[Blasted Child]

Pentegarn, fair enough, I can agree with what you're saying (however Kahljorn's "reply" leaves a bit to wish for), even though I think you may be splitting hairs a bit. It sounds a bit like when communists defend communism in the similar fashion ("what we've seen haven't been true communisms").

For most people, economists included, value-for-value trading isn't some sort of mandatory ingredient of a financial capitalism. However, the complex system of financial intermediaries that toy with money that isn't theirs is sort of a cornerstone.

Let's at least agree that the whole process of spending money that doesn't exist is symptomatic of a capitalism. It's also precisely what's caused the recent crisis.