So Michael Moore’s new film will be titled “Capitalism: A Love Story”.  In Michael Moore Gets It Wrong, John Stossel is quite right about Moore’s moonbat misinterpretation of the financial crisis. While Moore states that it’s unmitigated greed, Stossel reminds us that markets have a way of transforming self-interest into a common good:

The wealthy, and everyone else, almost always decide that they don’t have enough wealth.  People ask their bosses for raises.  We invest in stocks hoping for bigger returns than Treasury Bonds bring.  “Greed” is a constant.  The beauty of free markets, when government doesn’t meddle in them, is that they turn this greed into a phenomenal force for good.  The way to win big money is to serve your customers well.  Profit-seeking entrepreneurs have given us better products, shorter work days, extended lives, and more opportunities to write the script of our own life.

Overture Films will distribute the picture. Somehow I think their investment partners – foreigners, wealthy individuals and hedge funds – are interested in getting the maximum return possible on their investment. Certainly they expect bigger returns than treasury bonds. Sounds like good old fashioned capitalism to me, Michael.

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