Wrong.
Capitalism allows rich and poor both, to become even more richer. The very reason why the crisis happened was because housing loans were given to people without any decent credit ratings and history, who did not have the capacity to pay them back. In a short run, it is good for everybody, in the long run, its like a hot iron rod up your arse.
The entire structer is privatized and hence so screwed up. A central economic governance needs to be implemented to take care of the entire economic structure. In short, Socialism should replace capitalsm.