time-for-democratic-capitalism
Sep 2009 30

Michael Moore is an accomplished thought provoking shock jock and his new offering is no exception from the looks of the previews.  This time he has capitalism in his sights and particularly takes issue with the free market’s lack of compassion for the less fortunate and inherent exploitative tendency. Specifically the growing gap between the haves and the have nots which is being made even more prominent by the global recession. In light of widespread economic downturn; Moore’s points are bound to capture the attention of the masses especially when he uses emotive evidence (such as the statistic that the richest 1% of Americans have more than the bottom 95% combined) to challenge capitalism morally. These points also directly tie into the ongoing firery U.S. healthcare debate and outrage about large banker bonuses that reward financial speculation (which the G20 have coincidentally just agreed on). However when inevitably challenged about an alternative, Michael Moore can only suggest democratic capitalism…

The documentary does not have to provide the answers to be successful, it will be triumphant in the eyes of many even if it can make some of its audience begin to ponder what an alternative economic arrangement to capitalism might look like, to challenge the assumption that “there is no alternative – T.I.N.A.” which emboldens the status quo. There is an important discussion to be had globally, not just within America, to discuss the changes that would have to be made to prevent large swaths of the global population from being left behind.

This discourse is obviously highly contentious; whenever one seeks to address inequality, there is always the danger of falling down the slippery slope of persecuting success. Michael Moore has elaborated further on his “democratic” alternative to capitalism in other less confrontational interviews. He speaks of moving past the capitalism-socialism discourse which can be regarded as a smokescreen and challenges economists to develop a new system that will have a moral core to it which will be able to provide for it’s least fortunate by affording real power to the majority instead of the affluent few. More specifically, he mentioned worker-owned business models (like Divine Chocolate which we have previously featured here) as a possible component of a democratic-style economic system. This documentary is bound to raise more questions than it answers, but it is only a movie at the end of the day. We would like you to share your opinions regardless of whether you see it or not.

capitalism-a-love-story

1 Comment

  1. […] interview covers many topics that we have touched on here before such as; the power of capitalism, the importance of maintaining an interest and participating in politics, safeguarding democracy […]

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