Monday, September 21, 2009

«AND I THINK I SEE MORE HOMELESS PEOPLE ON THE STREET EVERY MONTH.HOW CAN WE LET THIS KEEP HAPPENING»

In the film, Michael describes capitalism as evil. I disagree. I don't think capitalism is evil. I think what we have right now is not capitalism.In capitalism as envisioned by its leading lights, including Adam Smith and Alfred Marshall, you need a moral foundation in order for free markets to work. And when a company fails, it fails. It doesn't get bailed out using trillions of dollars of taxpayer money. What we have right now is Corporatism. It's welfare for the rich. It's the government picking winners and losers. It's Wall Street having their taxpayer-funded cake and eating it too. It's socialized losses and privatized gains.Which is why -- although you can bet many will try -- Capitalism: A Love Story can't be dismissed as a left-wing tirade. Its condemnation of the status quo is too grounded in real stories and real suffering, its targets too evenly spread across the political spectrum. Indeed, Jay Leno, America's designated Everyman, was so moved by the film he insisted that Moore appear on the second night of his new show, and told his audience that the film was "completely nonpartisan... I was stunned by it, and I think it is the most fair film" Moore has done.

-Arianna Huffington
Sept 21 2009

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