Has advanced capitalism in fact swung so far in a free-market direction that it now must be restrained, into a more central/nationally controlled model as we see in China and other nations ? That's how things are looking...
Italy's Bloomberg, Silvio Berlusconi, reports that thought is given to closing world financial markets in order to retrench and regroup:
http://www.bloomberg.com/apps/news?pid=20601087&sid=aP5mpMUORBWM
Washington Post: "With the U.S. government's current push toward intervention and the soul-searching over the role of deregulation in the crisis, the stage appears to be at least temporarily set for a more restrained model of free enterprise, particularly in financial markets.
"If you look around the world, China is doing pretty good right now, and the U.S. isn't," said C. Fred Bergsten, director of the Peterson Institute for International Economics. "You may see a push back from globalization in the financial markets."
http://www.washingtonpost.com/wp-dyn/content/article/2008/10/09/AR2008100903425_pf.html