The financial crisis that the world is in has proven that capitalism has its own downside.
Superpowers - countries that were believed to be infallible - are feeling the heat. The great union that brought the European countries together under one umbrella (European Union) is on the verge of collapsing. They are desperately looking for a way out.
People are out on the streets protesting against the corporate culture. They are complaining that billions and trillions of dollars have been spent in trying to save the very entities and policies that responsible for the crisis, especially when corporate honchos are still getting the huge paychecks and fat bonuses.
People are protesting against the stock markets that has given rise to the profit culture. They are accusing corporate managements of compromising the social fabric that binds the masses together in order the present good earnings. This insensitive and irresponsible behavior of the corporates has made the rich even richer and the poor even poorer.
The world will have to learn someday - that extreme of anything is bad.
Extreme communism was not good. The fall of USSR has demonstrated this.
Even extreme capitalism is also bad. The current global financial crisis has proven this.
A healthy midway path has to be drawn. Something that can filter out the bad things and adapt the good things from both philosophies.