Do the past few weeks or months or past eight years truly mark the end of capitalism? Or rather, might it be the end of Anarcho-Captialism, total deregulation, tax-free zones of capitalistic ventures, lawless business universes governed only by the whims of the marketplace -- and the market would govern all, the flow of money, credit, the lives of workers, taxpayers, all, all, all:

Anarcho-capitalism (also known as free-market anarchism) is an individualist anarchist political philosophy that advocates the elimination of the state and the provision of security from aggression against person and property by the private sector in a free market. In an anarcho-capitalist society, law enforcement, courts, and all other security services would be provided by voluntarily-funded competitors rather than through compulsory taxation. Nonintrusive personal and economic activities would not be regulated, because the natural laws of the market – rather than politics – would order society.

http://en.wikipedia.org/...

Anarcho-capitalism. The ultimate wet dream of Milton Friedman...:

Friedman's theories, which included tight fiscal discipline and deregulation of markets, grew influential in the United States after Ronald Reagan became president.... Friedman's ideas were embraced by President Reagan and British Prime Minister Margaret Thatcher in the 1980s and lauded by many in the business world. But they were also controversial because of the deep cuts in government spending and the more restricted role they entailed for government in buffering citizens from economic forces. Friedman was regarded as the leader of the Chicago School of monetary economics and the leading proponent of free market theory.

From Friedman's obituary:

http://money.cnn.com/...

Friedman also embraced something called the natural rate of unemployment as opposed to the early Keynesian goal of reaching "full employment."

Keynes' idea of "full employment" was:

....granting that unemployment can never be completely eliminated, it still might be possible to ensure that anyone searching for a job can find one reasonably quickly. Economists call this happy state of affairs "full employment."

http://www.huppi.com/...

I have reached a point where I am definitely treading deep waters threatening my quite limited understanding of economics but that never stops me from taking a stand and I will postulate:

In regard to unemployment, Friedman also factored in the amount of money floating around and market fluctuations.

which is probably generalized and obscure enough to keep me afloat, essentially a statement that can be interpreted in a jillion different ways. Ahem, I learned that from studying the bible and religion and stuff. Just add in extremely variable factors. I think it has something to do with fuzzy math or something.

Friedman also extensively theorized about monetarism, which:

focuses on the supply of money in an economy as the primary means by which the rate of inflation is determined. Monetarism today is mainly associated with the work of Milton Friedman...

http://en.wikipedia.org/...

Friedman died on November 16, 2006.

The question remains, has Reaganomics, Friedmanomics, whatever, gasped and wheezed and breathed its last during October, 2008?