Capitalism, a system of giving and taking — mostly taking,” the highlight of Michael Moore’s documentary, “Capitalism: A Love Story”. This quote rings a bell in our mind to reflect this system, Capitalism, that we embrace so tightly to our nation. Moore incorporate humor and juxtaposition in the film to point out the flaws in our system.
The film showcase how middle class families are getting remove from their homes due to inability to make payments to the bank, how America is becoming a plutonomy in which the wealthiest 1% control the nation, and how lobbyist destroy regulation (Smith’s idea of laissez faire) in our economy resulting short term profit in expense of the general welfare. “What does all these have to do with me? ” a typical student might ask. As a he/she may hope, the hard work put into the four years in high school will pay off by getting into a good college. Why get into a good college?
To get rich! Or more realistically for most students, to maintain his/her middle class statues. Or First-Generation- American like me to climb up the social ladder. But this film points out the unjust in the system and how capitalism is destroying the middle class as the gap between the poor and the wealthy increase.
The American Dream as it seem become more of a drag for the poor than a form of motivation, and the wealthy are using this against the poor; according to Citibank’s annual report, the poor is putting up with America becoming a plutonomy because of the deep injection of the American Dream. The solution might be government regulation and redistribution of wealth(Marx’s Soicalism).
The Term Paper on Socialist Economy Capitalism System Economic
Economic systems today exist in a multitude of different shapes, colours and sizes. They all, however, have an indisputable presence of homogeneity in their central objectives. As Henry Simons states in his Economic Policy for a Free Society, "There is in America no important disagreement as to the proper objectives of economic policy - larger real income, greater regularity of production and ...
Of course this film has to do with us; this film is a wake-up call for us students, to inspire us to do something for our future. Sometimes we need the stimulus to fight and this movie is it.
