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Michael Moore’s “Capitalism”

September 8, 2009

It is not surprising to see  someone like Michael Moore with a new film depicting the Wall St. Bailout as a “capitalist” action by government. He is displaying gross ignorance, which is typical of the Left.

And come and gone was the  controversy of Van Jones, described by some as a “communist,” as several of President Obama’s cronies have been described, such as long time Obama supporter and friend Bill Ayers, who described himself as a “small ‘c’ communist.”

There is little difference between communism and socialism, except that communism supposedly is the desired end result of a progressively socialist society (which is what ours is now, and getting worse), with the state having complete ownership of and control over all property and the means of production, which includes the people.

Capitalism, on the other hand, is a system in which the rights of the individual are recognized and protected by government. The United States is unique in that regard, in which we have a Constitution with a Bill of Rights, a document on which laws were to be made to protect those individual rights and, as declared in the Declaration of Independence, our natural “rights to life, liberty and the pursuit of happiness.”

Capitalism is an economic system which recognizes those individual rights and private property rights and the right of freedom of trade and commerce. By its very nature, a socialist system violates those rights of private property and voluntary free trade, and, since the means of production includes the people, it therefore is a system of collective ownership of individual people and thus erases any idea of “individual” rights.

In socialism, the individual is owned by the collective and thus does not have any right to one’s own life and liberty. In socialism, the individual is a slave of the collective and of the state; only in capitalism does freedom of the individual exist.

Michael Moore does not realize that it is because of capitalist freedom that he earns a big profit from his films, from the people who voluntarily pay money to see them. That is an example of voluntary free trade among individuals that the force of socialism destroys.

However, because our country is a “mixed economy,” with some capitalist free trade allowed by the government, and some socialist-forced government confiscation of private wealth and earnings, half of Mr. Moore’s earnings are forcibly confiscated by the armed force of government and then redistributed to Wall St. executives and Big Banks and Big Finance and Big Mortgage, etc. That’s Socialism, NOT “capitalism”!

Mr. Moore and others would benefit by reading Mises’s Human Action and Socialism, Rand’s Capitalism the Unknown Ideal, and Hayek’s The Road to Serfdom.

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