Is Rolling Stone's Matt Taibbi Anti-Free Market or Just Anti-Corrupt Free Market? Find Out!

Adam Smith, often regarded as the father of capitalism, probably worried much more about the moral consequences of capitalism than the Goldman Sachs and Bernard Madoffs of our day. So, must we bail out of the free enterprise system alltogether because of the recent bailouts or is capitalism's moral crisis better understood as a part of a general failure of our culture to teach that the business of business may be business, but the business of life is not.

Writes Taibbi, "The bottom line is that banks like Goldman have learned absolutely nothing from the global economic meltdown. In fact, they're back conniving and playing speculative long shots in force — only this time with the full financial support of the U.S. government. In the process, they're rapidly re-creating the conditions for another crash, with the same actors once again playing the same crazy games of financial chicken with the same toxic assets as before."  [read more]