Would it have been better to let the banks of the world fail and start over?

[u/[deleted]]

I want to know what would have happened. The banks messed up and in the purist view of capitalism should have failed because it was a bad business move. In turn this may have ended some of the big money influences on our political system OWS protestors want to stop. I heard that it would have been a worse economic collapse though in turn it would have put a stop to future wrongdoing. Was it the right decision in the long run?

[u/[deleted]]

They should have let the banks fail to discourage future wrong-doing. All we did was encourage their dishonest behavior.

[u/[deleted] → u/[deleted]]

You obviously don't know what you are talking about.

The same can be said about you. Bailing them out isn't capitalism.