Set Up For Failure

So, has the United States as a collective organism learned its lesson from the economic crash? I have to say in one critical aspect, the answer has to be a resounding no. The big banks are still conglomerated and a decently large point of failure. The stimulus package has done absolutely nothing to curb the growth and dominance of the huge banks that caused the meltdown in the first place. The whole point of capitalism is that businesses that are not performing well begin to fail and allow other better run businesses to ascend to prominence.

This breaks down when a government regulates things enough to create barriers to failure, but do not regulate enough to prevent a business from becoming so integral to the economy that it would cause a financial catastrophe if it failed. But we haven't seemed to learn this lesson, as the banks and insurance companies that were the central cause of the economic crisis are beginning to rise again. The concentration of wealth in certain spheres is the byproduct and the correlative cause of the slow recovery the country is experiencing and most likely will cause more busts in the future.

Will we ever learn?