Looks like you're not going to provide proof of your "verifiable fact," so I'll go ahead and answer anyway.
It is both lack of regulation and crony capitalism. The entire capitalist system is extremely vulnerable to corruption if there aren't regulations in place to prevent it. I've said time and time again that capitalists are the ones who are killing capitalism. The constant desire for more growth and better stock returns, if left to its own vices, will only lead to three things:
1. A much larger wealth gap between the extremely rich and every other class of Americans, which leads to less economic mobility.
2. Exploited workforce. Wages for more than 90% of American workers have been stagnant for over 35 years, and benefits have been shrinking during that time as well.
3. Poorer quality products.
It is all the natural progression of capitalism. Wealth for those at the top continues to grow while the vast majority of the population gets worse off. All of those things have been happening since the Reagan era, and continue to happen right in front of us. Our country is the wealthiest it ever has been, but the vast majority of Americans are not the wealthiest they ever have been. In fact, many are heading backwards when inflation is taken into account.