Capitalism: A Love Story review

The Guardian today reviewed Michael Moore’s latest film “Capitalism: A Love Story” premiered at the Venice film festival and gave it 4 stars. Sounds like a return to form for Moore although I think his last film “Sicko” was also pretty good, if a little sluggish in places. I’m glad to hear from the review that Moore points out that Goldman Sachs – one of the biggest culprits he identifies for the financial crisis – was Obama’s biggest private sponsor during the election.

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It’s capitalism Mike but not as we know it

The trailer for Michael Moore’s latest film “Capitalism: A Love Story” is now out. The film is due for release in October and Moore says he made it as if it was “the last film I was ever going to make.” Looks like he’s aptly chosen M.I.A.’s Paper Planes as the soundtrack too.

Despite criticism that he cherry picks footage and data to suit his own ends, I’m looking forward to seeing this. However, I hope Moore looks at how capitalism doesn’t really exist in the real world. As the bailouts proved in its crudest form, what we actually have is closer to socialism – socialism for the rich that is. Markets are so distorted by governments and corporations working hand-in-hand that calling it “capitalism” is about as accurate as calling Stalinist Russia “communist”. Using the term capitalist only serves to maintain misunderstanding of the current system and give ammunition to those who support it to dismiss opponents as simply “anti-capitalists.” Don’t ask me what a better term would be but something along the lines of “state-sponsored-capitalism” rolls off the tongue, erm, badly.

You can read more on the film here.