I agree to the extent that the issues with the financial industry are less issues with the financial industry and the failure of society and government to appro

I agree to the extent that the issues with the financial industry are less issues with the financial industry and the failure of society and government to appropriately regulate the finance industry. For all the nonsense about unconstrained free markets, the reality is a well functioning free market is fairly fragile and requires a lot of curation and guidelines to be something we would appreciate. In the absence of this governance, a free market devolves to might is right (where might can be earned by any of wealth, physical power, popularity, etc depending on time and place). The big problem was that a belief that laissez-Faire non interventionist capitalism would spontaneously lead to well functioning free markets has/had taken hold over society which has led to damage not just to the broader society but also to the financial industry specifically.