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Spot Gold Extends Losses, Falls 3.3% to Weakest Since October 2010

Poll: Will Capitalism Fail?

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Published: Friday, 15 May 2009 | 5:38 AM ET
By: CNBC.com

Renowned bear Marc Faber, author of "The Gloom, Boom & Doom Report," told CNBC that capitalism risks failing like communism unless the free market is allowed to clean up troubled companies.

Is Faber right? Let us know what you think by voting in the poll below and e-mailing squawkboxeurope@cnbc.com

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Renowned bear Marc Faber, author of "The Gloom, Boom & Doom Report," told CNBC that capitalism risks failing like communism unless the free market is allowed to clean up troubled companies.

   
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