One of the great myths about the great depression is that it was a failure of capitalism. Much as today, in 2011, the myth is rapidly spreading that our "Great Recession" is too, showing that somehow, it is a failure once again of capitalism.

To blame the great depression or even the problems of our own time on capitalism, simply ignores the truth of history.

Somebody once said, A Myth is like an Air Mattress. It is nice and comfortable but when you pull the plug out, you see that it is full of hot air.