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Capitalism: A Love Story (2009)
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Capitalism: A Love Story (2009) Documentry by Michael Moore. DVD.
Moore begins by discussing what capitalism and "free enterprise" mean. Looking back on his happy and prosperous early life, Moore asserts that "if this was capitalism, I loved it... and so did everyone else". Moore states that in the 1950s, the top tax rate was 90% (in his view, this tax rate enabled the U.S. to build dams, bridges, schools and hospitals), most families only had one working parent, union families had free healthcare, college tuition was free, most people had little personal debt and pensions were guaranteed. This prosperity was driven by the manufacturing industry, which benefited from post-war Germany and Japan struggling to recover. He describes President Jimmy Carter's Crisis of Confidence speech as a turning point that led to the election of Ronald Reagan in 1980; Moore calls Reagan a "spokesmodel" for banks and corporations who wanted to remake America to serve their interests.
Moore begins by discussing what capitalism and "free enterprise" mean. Looking back on his happy and prosperous early life, Moore asserts that "if this was capitalism, I loved it... and so did everyone else". Moore states that in the 1950s, the top tax rate was 90% (in his view, this tax rate enabled the U.S. to build dams, bridges, schools and hospitals), most families only had one working parent, union families had free healthcare, college tuition was free, most people had little personal debt and pensions were guaranteed. This prosperity was driven by the manufacturing industry, which benefited from post-war Germany and Japan struggling to recover. He describes President Jimmy Carter's Crisis of Confidence speech as a turning point that led to the election of Ronald Reagan in 1980; Moore calls Reagan a "spokesmodel" for banks and corporations who wanted to remake America to serve their interests.
