It’s still capitalism if you add guard rails and insurance. There is no reason to promote or allow bank runs. It doesn’t benefit anyone. The FDIC insurance cap

It’s still capitalism if you add guard rails and insurance. There is no reason to promote or allow bank runs. It doesn’t benefit anyone. The FDIC insurance cap should be increased and pegged to inflation and cover 90% of deposits. Then there should be additional voluntary insurance that could be purchased above that limit.