Yes and No.<quoted text>
Capitalism always gets war.
Capitalism is noble as long as it is honorable and fair.
Bill Clinton and the Republicans terminated Glass/Steagall which gave Wall Street a license to steal.
Crony Capitalism is the problem along with no fair/free markets, corporate welfare, tax loopholes that benefit the wealthy, government subsidies, extremely bloated waste and fraud at the Pentagon, tax havens, outsourcing, etc. et cetera.
Some of our worst presidents were Nixon to Obama and all in between.
There Is No Santa Claus and Bill Clinton Was Not an Economic Savior
December 26, 2012 / http://tinyurl.com/cgvjsg9
The truth is often painful but nonetheless it is important that we live in the real world. Just as little kids have to come to grips with the fact that there is no Santa Claus, it is necessary for millions of liberals, including many who think of themselves as highly knowledgeable about economic matters, to realize that President Clinton's policies sent the economy seriously off course. In Washington it is common to tout the budget surpluses of the Clinton years as some momentous achievement, as though the point of economic policy is to run budget surpluses. Of course the point of economic policy is to produce an economy that improves the lives of the people in a sustainable way. Clinton badly flunked this test.
The Clinton economy was driven by a stock bubble. This is not a debatable point. The ratio of market-wide stock prices to corporate earnings was well over 30 to 1 at the peak of the bubble in 2000. This is more than twice the historic average.
This run-up in stock prices drove the economy in two ways. First, since any good huckster could make millions selling shares in dot.whatever, we had many hucksters starting nutball businesses that never had a prayer of making a profit. This is not much of a long-run economic strategy, but in the short-term it led to an increase in investment.