If Free Market Capitalism(tm) is so great, why has it not lead to space colonisation yet?

Especially considering the extremely slow pace of our minimally funded public space exploration, you would think that the Holy God of Money would have blessed us with countless companies going into space on their own to exploit the near limitless resources that the universe has to offer.
Why have they not built any of the expected thousands of hotels on Mars to make millions of martian tourism?
What is hindering them? Certainly it can not be government, because they could easily bribe themselves around any restrictions.