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Capitalism: A Love Story


Didymus

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I just saw it yesterday, and [url="http://gregoryjguest.blogspot.com/2009/10/capitalism-love-story.html"]wrote up a little something on my thoughts.[/url]

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[quote name='Winchester' date='27 October 2009 - 08:34 PM' timestamp='1256690083' post='1992431']
Yeah, capitalism sux, go see my movie for 7.50!
[/quote]
Money's evil, so long as other people are making it.

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King's Rook's Pawn

The problem is that he uses the word "capitalism" to conflate two opposing concepts: a free market based on voluntary exchange and the state-"capitalism"/mercantilism of big business bailouts, central banking, and other destructive inferences. These two things are virtually opposites, yet he wants us to believe that they are the same things. That's the whole problem with the word "capitalism." It's used to mean "a free market economy" [i]and[/i] "the kind of economy we have today." Well, given that we don't have a free market economy today (as Moore himself admits), the term does nothing but sow confusion and obscure meaning.

Edited by King's Rook's Pawn
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[quote name='Winchester' date='27 October 2009 - 08:34 PM' timestamp='1256690083' post='1992431']
Yeah, capitalism sux, go see my movie for 7.50!
[/quote]
7.50? Is everything cheaper in Texas?

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We're missing the point if we believe that Capitalism is summed up in a transaction, even an unjust transaction. Free markets are not the whole of Capitalism. KRP has a good point.

Yall should read the dern link that I posted at first, instead of assuming and rehashing the typical line against the movie..

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[quote name='King's Rook's Pawn' date='27 October 2009 - 09:14 PM' timestamp='1256692441' post='1992463']
The problem is that he uses the word "capitalism" to conflate two opposing concepts: a free market based on voluntary exchange and the state-"capitalism"/mercantilism of big business bailouts, central banking, and other destructive inferences. These two things are virtually opposites, yet he wants us to believe that they are the same things. That's the whole problem with the word "capitalism." It's used to mean "a free market economy" [i]and[/i] "the kind of economy we have today." Well, given that we don't have a free market economy today (as Moore himself admits), the term does nothing but sow confusion and obscure meaning.
[/quote]
Well played, Santa!

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[quote name='Winchester' date='27 October 2009 - 08:34 PM' timestamp='1256690083' post='1992431']
Yeah, capitalism sux, go see my movie for 7.50!
[/quote]
They were offering free viewings at my school. :mellow:

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[quote name='rachael' date='28 October 2009 - 12:04 PM' timestamp='1256745869' post='1992767']
They were offering free viewings at my school. :mellow:
[/quote]
Great. Let's teach the kids even more idiocy.

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This is one of my favorite videos on the housing crisis. Everyone who fought improvements should have been fired immediately. That regulator should have been given a congressional medal of honor.

[media]http://www.youtube.com/watch?v=_MGT_cSi7Rs[/media]

And for a more detailed explanation...

[media]http://www.youtube.com/watch?v=1RZVw3no2A4&annotation_id=annotation_918789&feature=iv[/media]

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