Michael Moore’s New War on Capitalism

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Michael Moore has announced that his latest documentary will take on the free market — that is, the freedom to produce, buy, or sell whatever you want, to whomever you want, at whatever prices you want. This is pure evil, of course. Not because it benefits everyone involved, but because it makes some people wealthy. And, according to Michael, that’s a big problem for America.

Says Moore:

“The wealthy, at some point, decided they didn’t have enough wealth. They wanted more — a lot more. So they systematically set about to fleece the American people out of their hard-earned money. Now, why would they do this? That is what I seek to discover in this movie.”

This is just dumb. As John Stossel begins to point out, it’s not the private sector that is “fleec[ing] the American people out of their hard-earned money,” it’s the government. Who robs Americans of half of their hard-earned income at gun point every single year? Who counterfeits endlessly to the point of causing massive and widespread malinvestment, job losses, inflation, and depressions? It’s certainly not the private sector. And it certainly has nothing to do with Capitalism.

(Note: This post was authored for the LRC Blog.)

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