Though an extremely biased left-winged film, Michel Moore's Capitalism: A Love Story raised and answered a lot of excellent questions. The most important of these is how corporate dominance is taking over all aspects of our lives and whether or not there is a possibility and need to break out of the capitalist system.
Like the documentary MANN TALK: The Correlation Between Capitalism and Corruption look at how capitalism corrupts. Unlike Moores it explores how it corrupts individuals, slowly diluting ethics and morality. Causing people to turn away from what they believe in and chase after the idea of money. People also more readily accept lies presented by those in power which promise wealth. MANN TALK is very religiously biased but again presents interesting ideas of how capitalism is failing us.
Even though people do see this as major issues it is obvious that capitalism does exactly what it promises to do, and that is create wealth. Capitalism is Wealth explains how things like greed and corruption is human nature and though it may be magnified by capitalism, it is not created by it. Which is true; in any economic or political system you will find corruption and that they are all riddled with greed. This article explains that capitalism only creates the possibility, arguably the guarantee, that each individual receives the fruit of their labour and the right to security.
The article Capitalism's Own Worst Enemy, brought up the fact that though capitalism is seemingly the best system to create jobs and money it is now creating the loose of jobs and income inequality. CEOs are getting million dollar bonuses and the average worker's pay or even job is getting cut. This obviously creates feeling of anger and strife between classes. Obama came into power to support the average American and not corporations, to help reverse the widening of this gap. However wealthy companies and people are throwing themselves and/or money at Obama in hopes of turning him into a capitalist puppet. As this article makes clear capitalism does create the means for phenomenal amounts of wealth, which our western society has bared witness to for the past few decades, but it also creates the possibility for failure and corruption.

No comments:
Post a Comment