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2008 capitalism a love story essay
essay on capitalism a love story
2008 capitalism a love story essay
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Introduction
“Capitalism: A Love Story” is an American based documentary and historic film written by Michael Moore. The film is all about the financial crisis and economy recovery from the said crisis in the United States of America. This economic crash took place in the late 2000s. The film exhibits heroes who worked in financial organizations and other big parastatals getting to paying themselves a lot of cash, hence deteriorating the economy of the United States. After this crash, the government of the United States offered billions of dollars to the same people. Although the film is more of entertaining, its characters brings the clear picture of the film. This paper gets to examine what the film is about and the academic literature of the film. The paper will also answer the following questions;- what is the film about? Who are the main target audience in the film? What is capitalism according to the film?
The analysis of the film
The film begins by picturing a progression of security video recording showing armed bank robbers. One of the muggers was on a prop. Moore employs the use of an encyclopedia Britannica library video to compare the present day America with Roman Empire. Home videos are also shown where families are being chased away from their homesteads. Moore through the movie flashes back the past best days of America capitalism, following World War II, then President Jimmy Carter’s speech which warned Americans of the risks of worshiping self-indulgence and consumption. During the Ronald Reagan’s years, the policies were loosened and corporations obtained more political power weakening unions in return. Moore advocates that the headship persona of Reagan Wilson were charisma and communication skills instead ...
... middle of paper ...
...carries an important task in educating the government of the United States through its real pictures.
Conclusion
Capitalism: A Love Story is documentary film written by Michael Moore about the financial crisis and economy recovery in the United States of America. The film was released in 2009. The film covers topics such as Wall Street’s Casino mentality, for-profit prisons, and the consequences of run-away green among others. After the release of the film, many people could not understand what it was all about. Its relevance still exists because United States have not yet achieved complete results in improving her economy as called up by Michael Moore. This film was majorly targeting the officers in the government of the United States because they are the main economic pioneers, and they were really responsible for the past economic crash in the United States.
An economic and political system in which a country 's trade and industry are controlled by private owners for profit, rather than by the state is known as Capitalism. Many components make up a capitalist society such as the factors of production are privately owned. The economic transactions take place in markets where buyers and sellers interacts, and many business and employees are free to pursue their own self interest. The United States is known to follow the ideals of a capitalism throughout the years but as many as 32 recessions have taken place in the last 150 years. The economy seems to be unstable and the question arises, why is capitalism so dynamic and unstable? In the novel “The Rise and fall of Neoliberal Capitalism”, David M Kotz analyzes and answers the many
Michael Moore’s film of Capitalism: A Love Story is an examination on how much of a financial impact that corporation has on the lives of Americans. Capitalism seems to emulate a love affair gone wrong, with lies, abuse and betrayal towards the American people. Moore moves the film from Middle America, to the halls of power in Washington, to the global financial epicenter in Manhattan in order to answer the question of what price do Americans pay for the affection of capitalism. There is irony in the title of this film because there is certainly nothing to love about capitalism when families have to pay the price with losing their jobs, their homes and their savings as a result of the risky investments that the rich and powerful have at their disposal. With more than 14,000 jobs being lost, residents being evicted from their homes and banks stealing away families’ savings, one must wonder if there is an upside to capitalism at all. True democracy is the biggest threat to corporate America because of the one person one vote system. In order for this to take place, the growing number of people would have to come together and expose capitalism for what it truly is, a corrupt and greedy system for the wealthy.
Capitalism, is among one of the most important concepts and mainframe of this application paper. According to the 2009 film “Capitalism a Love Story,” capitalism is considered as taking and giving, but mostly taking. Capitalism can also be defined as a mode of production that produces profit for the owners (Dillon, 72). It is based on, and ultimately measured by the inequality and competition between the capitalist owners and the wage workers. A major facet of capitalism is constantly making and designing new things then selling afterwards (Dillon, 34).Capitalism has emerged as far back as the middle ages but had fully flowered around the time o...
Capitalism as an economic system has not been around for a very long time. Stanford indicates that this economic system began in the mid-1700s in Europe . For a considerably young system, it almost seems impossible to imagine a different way of living. Capitalism has become deeply embedded in our social structures; it is naturalized as a way of doing day to day things. If this is the case, then we as humans have a long way to go if we are to achieve social and economic justice. The question I aim to explore is whether capitalism is capable of achieving socio-economic justice. I am arguing that it cannot achieve justice because there is too much focus on profit rather than people and it dislocates the consumers from the modes of production which indirectly promotes social inequality. Our current economic system which I will be interchangeably using as capitalism throughout the paper will examine why the focus on profit is detrimental to the social well-being of people and explain how capitalism is divisive and why this can pose negative outcomes for individuals and communities. It is with these arguments that outline the need for a fundamental change to how our economy is structured and managed.
Michael Moore made the movie Capitalism: A Love Story to show his audience that because of all of these big banks and large corporations, we are in this huge economic mess. He goes directly to the people affected by this crisis to try and get his point across. Two of the main unethical acts done by these large corporations, according to Michael Moore, are taking out life insurance on employees and infiltrating our government to pass there own agenda. Then Moore goes on to talk about FDR's proposed bill of rights to help the average working American. All of these things come together to create Moore's movie and help him prove his point. We need to act now to prevent these problems from happening in the future.
This documentary “Masters of Money” mainly emphasizes on Karl Marx’s theory which was on capitalism. He stated that capitalism would lead to a global economic crisis. He believed that the society was divided into two classes: the owner class and the worker class. The owner class , in order to ensure that higher levels of profit is made , exploits the worker class since an industrial reserve army of unemployed is present. However, the business gets itself into trouble because the workers who are paid badly are unable to spend on the consumer products which gradually force the business to cease trade and thus causing a crisis. On the other hand, if the labor costs are high and the owners decide to pay higher wages due to the lower availability
Moore, Michael, dir. Capitalism: A Love Story. Narr. Michael Moore. 2009. Overture Films, 2009. 1st ed. DVD-ROM.
Capitalism can be many different things, but it is basically an economic system that is based off
Michael Moore is trying to appeal to the audience by showing that he understands what it is like because he grew up in the time of the “middle class”. He grew up in the time where the rich were still rich but also were taxed at a rate of ninety-percent which is unheard of in the twentieth century.(Moore) Michael Moore grew up in a time where his dad worked at a factory on the assembly line, and that was enough for the Moore family.(Moore) The family was supported enough just by the father’s job, the mother didn’t have to work and the kids could go and get a great education without having student loans till they are 50 years old.(Moore) Michael Moore saw what capitalism could do for society, but he also saw the demise of capitalism. He tried to warn the big companies such as GM and other blue chip companies, that their actions were going to catch up to them but none of these industries wanted to listen to him because the rich were getting richer while the poor were getting poorer. Michael Moore effectively represents ethos because he grew up in this time, he saw his city fall apart right before his eyes. He saw the way capitalism was taking control of everything around him. He saw the capitalist society of the one percent take over and wreck thousands of lives. The director goes to an assembly line that was based in his hometown and interviews employees that were given a three-day notice that the company was closing it down. (Moore) Moore interviews the protesters as they fight for what they believe is right. The passion is shown through the workers and how losing their jobs has affected their lives just as his life was changed when his father was let go for the wrong reasons. The credibility of the source comes from the facts that these people present. This wasn’t just a film to them, but their
...008, American economy suffered a great economic crisis known as “The Great Depression” that affected the country tremendously. This crisis comes from the greed of capitalists and lack of information and understanding of capitalism from the people. Each of us, especially the government, is responsible for allowing such crises to happen. Karl Marx’s critique serves as a guideline for us to understand capitalism and acknowledge its negative effects to our lives. By doing so, we can forecast future crises and preventing from happening.
Along with the advance and development of the society, capitalism is acquired by lots of countries among the world. But in the meantime, an increasing number of problems are brought to our attention, one of which is the pros and cons of capitalism. As to whether it is a blessing or a curse, people take different attitudes. Capitalism can be traced back to the Middle Ages in Europe, and this economic system has been contributing to the whole human race for centuries. However, people are attaching more importance to what capitalism is really doing to us, and they start wondering if another world is possible. My paper will focus on the question “Is capitalism good or evil”, and discuss different views about it.
...e happy. However, Carl argued that now more than ever people are questioning capitalism. It is important to question and critique our current capitalistic system. The current system in place is alienating workers and places too much emphasis on profit and the modes of production. There are extensive problems and repercussions that must be death within a profit-driven society. We should be working towards a system that is driven by what is needed not what is profitable. A profit-driven system can lead to over-accumulation and production of items that are actually not required because of over-production. We need to undergo change in order to construct a form of social and economic life based on production for need, not production for profit. This means that a system must be created that has a focus on democratic planning, worker-self management, and global solidarity.
Capitalism is a very complex system that is discuss by many authors, scholars and economists. Robert Heilbroner is a famous American economist who creatively discusses the system of capitalism in Twenty First Century Capitalism. He reveals the abstruse capitalism system and its role in society. Heilbroner begins by comparing traditional society with modern capitalist society and differentiate capital with wealth, which facilitate the reader to understand the basic definition of capitalism. He then illustrates the most crucial aspect of capitalism, that is, the two realms of capitalism. According to Heilbroner, the two realms of capitalism are state and economy or government and business. The relation between these realms is interesting in its nature, because one aspect of their relationship make them beneficial for society and another aspect turn them into dysfunctional in society. Realm of the state and the economy are beneficial when they rely on each other, as they support each other they results in peaceful state and economy of a society. At the same time, they have power to proceed independently. As soon as they split, they are dysfunctional for society because state might block the path of the economy to grow freely and economy can independently survive without supporting the government resulting in weak society. Western societies are the living example of capitalism. They present very languish condition of moral and social values, however, they proudly presents their materialistic life. This unbalance situation is because of the contribution of capitalism in modern society. The insatiable feature of capitalism results into accumulation of capital, which diminish the value of the human being and enhance the value of money an...
Rose, John David. Rescuing capitalism from corporatism: greed and the American corporate culture. AuthorHouse, 2005.
Love happens when you least expect it. It can happen on the street corner, at the bar, at the grocery store, the park. That’s one of the greatest things about love. As for me I found love in the pouring down rain in the middle of the street. I fell in love with a man who I never thought in a million years I’d fall for. A man who is loving, caring and respectful. The night I laid my eyes on him I knew he was it. He came into my life at a point when I was unraveling and losing control. I was lost for two years after my high school sweetheart and I broke up, I thought I was never going to find real love, but I did. He saved me and I remember every minute from that night.