well,

I think that ultimately, when the primary goal is the maximisation of profit. people look for ways to make money. they take advantage of loopholes. that works for a while until too many people take advantage, then it starts to collapse.

you can call the inflation of stocks, or loose lending practices 'corruption', but say in the stock example, what salesman does not try to get all he can get for whatever he is selling?

similarly, if a bank has found a way to make money by relaxing lending criteria, of course they are going to go for it. thier primary interest is no 'society' or 'the good of the nation' but providing maximum profit and value for thier shareholders. that is just what capitalism is. especially global capitalism.

business interests, and neo liberals (including thatcher) sold us on the idea that a deregulated environment is what is needed for business to flourish.

a deregulated environment is what we now have. and business flourishes (it's not like banks are going to lose money on this economic slowdown). it is capitalism in its full, unfettered glory.

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