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Class: Phil 186
Date: November 4, 2014
Essay 2: Capitalism A Love Story
In the documentary film “Capitalism a love story” Michael Moore demonstrates the failure of Capitalism as an economic system in America. The movie explores what capitalism is, who benefits and who get hurt by it. The film clearly shows how capitalism was hijacked by special interests and how it decimated the middle class, making it so much smaller while at the same time enlarging the poor underclass. It can be seen how at the same time that Wall Street and the banks grew, society’s devastation was soon to follow. It is clear in the film that the poorest, uneducated, and hardworking middle class are the most likely people to be taken advantage of by the unscrupulous corporations such as the home loan industry, and many others business out there. The removal of government regulations was the beginning of the problem. Special interest groups sent their agents to Washington to change the politician’s heads so that they could stop the regulations that were in their way. Without the regulations those rich corporations would become even wealthier. Michael Moore shows us how profit makers and special interests can control the seats of the government. He demonstrated this through many examples throughout the film.
A first example that Michael Moore shows us at the beginning, he gives us a glimpse about the content of his movie by showing robberies taking place. With his Michael tries to show us how the Wall Street/Banking system rigged the capitalistic system for their own ends. He shows us how people get foreclosed out of their homes and he then gives us hints as to how the real estate industry, the home loan lenders and banks who engineered the process to defraud the American people. Ideally one will believe that when a corporation or a business lender lends you money it is absolutely moral that the lender is lending the money in return for making a profit, which I...