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It may be cruel, merciless, and "unfair" but calling it failed is a case of bad word choice IMO.
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I came across this excellent article:
http://www.capmag.com/article.asp?ID=4399
There are a lot of different emotions going on in the world: healthcare, recession, war, climate change, etc. We must not get lost in the chaos and we must not forget that economic freedom is the only true freedom. We must resolutely reject soft moralism and take a stand. The only real propellant of human societies is, has always been, and will always be economic prosperity.
Evolution favors strength. In societies, economy is the source of strength. The only system that puts Evolution in the context of economy is Capitalism. Please support Free Market wherever it is attacked.
Beware of the following concepts: