It may sound harsh, but i'm actually glad that al this is happening. It wouldn't be good if an immoral system would continue to exist.
Politicians have adopted the ideology of the so called 'invisible hand', not because they ever realy believed that this invisible hand would indeed fix everything they promised it would fix. Nobody ever really believed that greed would bring wealth and happiness to all of us.
If you say you would want slavery back, everywhere where it's abolished, that you don't want everybody to get fair chances in life, that you would want an indian type of class-society, with the lower castes being totally exploited and even their most basic human rights totally ignored, you wouldn't make yourself popular (at least not outside the satanic realm of the republican party).
Saying that you would want the market to fix everything eventually gives you the same result, but you can always say that this wasn't your intention, or that the invisible hand wasn't given enough space and we need even more greed, that we just weren't greedy enough and if we would be, then everything would be alright.
the CEO's who took billions, just before their banks went bankrupt defended their behaviour by saying that indeed greed is good, as if they took all those millions for the sake of good ethic's instead of ego-gratification.
The western civilization has been ignoring all it's major problems for too long. This economic crisis is nothing, compared with how much worse things are actually going to get, if we refuse to reconsider what's really important to us, what our moral principles are, what they're worth and if we thus refuse to reïnvent our own civilization, our culture.
The strange thing is that there is no rational reason for not doing this. On the contrary, it can only bring us good things and it would be fun and exciting and yes, also a little demanding. But not half as demanding as worldwide droughts, nuclear warfare and whatnot.
I have always been an optimist. These are great times to live in with all the opportunities we have, our civilization has brought us. Opportunities to learn and share.
Deep down inside, everybody has a good heart and i would say that in most people, at least some of all this good comes out every now and then.
But our system has been just too forthcoming, to our weaknesses.
And greed, esspecially when you start admiring yourself for it, is a sign of the greatest weakness a human being can have... a weakness of heart.