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Goldman Sachs Is Not Capitalism: On a Very Confused Michael Moore
Economic Policy Journal ^ | 9/7/09 | Robert Wenzel

Posted on 09/07/2009 11:44:47 PM PDT by FromLori

Michael Moore is one confused theorist. In his latest movie, Capitalism: A Love Story, he tells us at the end the end of his two hour movie that "Capitalism is an evil, and you cannot regulate evil."

He wants to replace capitalism with, get this, "You have to eliminate it and replace it with something that is good for all people and that something is democracy."

Last I looked, democracy was a political system, and capitalism was an economic system. There is no reason you can't have a democratic socialist system, or for that matter, a democratic capitalist system. There is no reason you can't have a socialist dictatorship or capitalistic dictatorship. There's no mutually exclusivity between political systems and economic systems. In other words, Moore doesn't know what the hell he is talking about.

As for capitalism itself, Moore seems to think it is Goldman Sachs and other banking institutions that are the beginning and end of capitalism. He completely ignores, or is not aware, that the Goldman Sachs rip off of the masses was done in cahoots, and here is the key, with the GOVERNMENT. No government influence over the banking system, no government ability to tax and give the money to bankers, no rip off.

What else can be said? M Moore=Confusion.

As I sit here typing this on my lap top, outside, enjoying the beautiful Los Angeles day, I think of the result of capitalism being the lap top I am using, the Blackberry next to me, the Boston Red Sox scores being sent to me live on my Blackberry, the comments coming from around the country, make that around the world, to my blog posts, the youtube video I viewed earlier, the pre-washed jeans I am wearing, the non-wrinkled shirt I am wearing, the new fusion-sushi restaurant down the street, the bottled water I am drinking, the twitter post coming to me, and the emails coming to me.

The positive results of capitalism are so prevalent that it is really hard to recognize how vast they are. It is not an exaggeration to say that it is as impossible to count all the positive creations of capitalism as it is to count the stars in the universe. Goldman Sachs is like a meteor that has caused a a huge destructive crater on earth. Moore has looked at this 155 mile in diameter crater and has pronounced all stars evil, including the sun.

Yes, Moore will look inside the Goldman created creator, film from its edges, yell at the crater and, I'm sure, get filmed being thrown out by security guards. But, he won't for a minute, show you the cell phone he is using, the lightweight camera he is using, the sophisticated web site he is using to market the film, the sophisticated network used to distribute the films.

If Moore is really so down on capitalism, I will really be impressed with his movie making abilities, and his theories on capitalism, when he goes to a truly non-capitalist country, say Cuba, and uses only film and communications tools he acquires there.

I'd also like to see the fat man eating on a totally Cuban food rationed diet, while he is making such film. And I don't want to even imagine being around the seedy fat man with the coming shortage of toilet paper in Cuba.


TOPICS: News/Current Events
KEYWORDS: capitalism
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1 posted on 09/07/2009 11:44:47 PM PDT by FromLori
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To: FromLori

2 posted on 09/07/2009 11:46:03 PM PDT by FromLori (FromLori)
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To: FromLori
Goldman Sachs is not destructive. Goldman Sachs has created more wealth than anyone connected to this article or the movie it discusses can dream about or ever will create for anyone. Pretending that you are defending capitalism while buying baseless smears is pretending. It isn't as bad as Moore, few things are, but it isn't capitalism either.
3 posted on 09/07/2009 11:48:17 PM PDT by JasonC
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To: FromLori

I love that cartoon bump...

Michael Moore needs to get up off the couch and stop lecturing us on health...


4 posted on 09/07/2009 11:57:54 PM PDT by Sir Francis Dashwood (Arjuna, why have you have dropped your bow???)
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To: Sir Francis Dashwood

lol thanks


5 posted on 09/08/2009 12:01:02 AM PDT by FromLori (FromLori)
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To: FromLori
He wants to replace capitalism with, get this, "You have to eliminate it and replace it with something that is good for all people and that something is democracy."

Moore knows what he is saying. His target audience are liberal Democrats. They don't know the difference between capitalism, democracy and an enema. They'll watch Mickey's movie and gleefully clap and throw tofu at the screen.

6 posted on 09/08/2009 12:01:03 AM PDT by VeniVidiVici (Want to work? Don't join a union. Want to make money and not work? Join a union.)
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To: JasonC

Yes, Jon Corzine is such a bastion of conservatism. I can’t wait until you are exposed for the globalist fraud that you are.


7 posted on 09/08/2009 12:03:42 AM PDT by conservativebuckeye
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To: FromLori

Michael Moore, Title: Charlatan, Occupation: human debris on parade!


8 posted on 09/08/2009 12:05:06 AM PDT by ntmxx (I am not so sure about this misdirection!)
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To: FromLori

http://www.telegraph.co.uk/news/uknews/6151328/Goldman-Sachs-banker-offered-500000-for-lover-to-leave-her-husband.html


9 posted on 09/08/2009 12:09:56 AM PDT by Tempest (I believe in the sanctity of life... As long as you can afford it.)
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To: FromLori

I thought I was going to lose it when I saw the trailer for this movie.

he was right on health care
he was right about 9/11

bleech


10 posted on 09/08/2009 12:22:36 AM PDT by boxerblues
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To: FromLori
"Capitalism is an evil, and you cannot regulate evil."

Capitalism has been very good to this bloated hypocrite. Wonder if he'll give up his condo at The Dakota and take vows of poverty.....

11 posted on 09/08/2009 12:23:21 AM PDT by Rummyfan (Iraq: it's not about Iraq anymore, it's about the USA!)
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To: Tempest

lol thanks


12 posted on 09/08/2009 12:28:39 AM PDT by FromLori (FromLori)
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To: Rummyfan
Capitalism has been very good to this bloated hypocrite. Wonder if he'll give up his condo at The Dakota and take vows of poverty.....

The Dakota??????really????????Lenon lived there and was killed just outside of the building, wasn't he? Is it in the water there. Lenon had the same worldview....Communism for eveyone except Lenon and Moore seems to be their mantra.

13 posted on 09/08/2009 12:34:45 AM PDT by Texas Songwriter
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To: FromLori

“Democracy” is Communism.

Remember the Democratic Republic of Germany?

Remember Jane Fonda’s “Economic Democracy”? Can’t remember her husband’s name at that time...Tom Hayden. That was Communism.

Not only does calling Communism “Democracy” fool idiots, it means that everybody who resists Communism is now “against Democracy”!


14 posted on 09/08/2009 1:20:41 AM PDT by Arthur McGowan
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To: Arthur McGowan
against Democracy

I am openly against pure democracy and I'll tell that to anyone who asks. It's mob rule. We were never intended to be a democracy.

15 posted on 09/08/2009 3:37:15 AM PDT by riri (http://rationaljingo.blogspot.com/)
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To: FromLori
I can't wait for his final movie when he exposes all the people that bought into his phony issues and made him a rich capitalist. He will then get his own show on Fox Business Channel.
16 posted on 09/08/2009 3:38:26 AM PDT by BallyBill (Serial Hit-N-Run poster)
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To: All

So , moore basically works for room and board and the rest is given to charity? or forced charity? (taxes)


17 posted on 09/08/2009 4:17:55 AM PDT by uncle fenders
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To: JasonC
Hey Jason, haven't seen you around here much since the TARP (Obamanomics phase 1) days.

I have to admit I agree with you on one thing here. Goldman Sachs is better than Michael Moore.

Of course, a week-dead mule is more attractive than MM too, the bar is not particularly high here.....

18 posted on 09/08/2009 4:47:29 AM PDT by Notary Sojac (If we can't get good government, then I want as little government as possible.)
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To: JasonC

Full disclosure here, I am a “free market thinker”, even though I have never seen a truly “free market”in my lifetime. I am a student of the Austrian school of economics and a follower of the philosophy of both Adam Smith an Ludwig Von Misus.

Having said all of that, I must disagree with your view the GS is not destructive. You won’t have to scratch the surface too hard to discover their many contributions to our present economic situation. Who do you suppose invented Mortgage Backed Securities, Credit Default Swaps, and many other inventions equally onerous? What organization got the first seat at the “trough” to gobble down your money?

How many former GS people have had control of our economy in this administration and at least the last two administrations previous, and to what results? Hank Paulson was a Goldman Sachs man, was he not? The current Governor of New Jersey, remember when Gov. Corzine was amoung the smartest men on the planet? Now? Well, not so much.

Just look a little more closely at Goldman Sachs before you absolve them of all blame, you will find an organization not so much involved with the free markets as with the government who is supposed to be looking over their shoulder.

As for your free markets, how could you possibly trade in a market you call free when what you use for money is totally controlled by the central bankers? A group of men get together in a closed room and determine the price of your currency. A market that includes fixed prices may be called many things, but free isn’t one of them.


19 posted on 09/08/2009 5:02:23 AM PDT by Rearden (Deo Vindice)
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To: FromLori

Here’s a person, Moore, who has become literally filty rich from books sold denigrating the system that made him filthy rich. I’ve got an excellent idea Moore, why don’t you return all the filthy lucre you’ve made under this rotten free-market system? I’m sure you’re ashamed to be living the high life under such a cruel system. (smirk)


20 posted on 09/08/2009 5:09:37 AM PDT by driftless2 (for long term happiness, learn how to play the accordion)
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