
All the dictionaries in my house are rather old, but I’m pretty sure the following definitions (from the Second College Edition of Webster’s New World Dictionary) still apply:
capitalism: the economic system in which all or most of the means of production and distribution … are privately owned and operated for profit
democracy: government in which the people hold the ruling power either directly or through elected representatives
Among the many, many problems with Michael Moore’s new film, Capitalism: A Love Story, perhaps the most basic is his apparent inability to distinguish between economic and political systems. His conclusion – one he repeated at length on Bill Maher’s show last week – is that we need to “abolish capitalism and replace it with democracy.” It’s a populist idea, to be sure, intended to rouse the (liberal, upper-middle-class) rabble to head directly from the theater to the local Home Depot for torches and pitchforks. But no matter what Moore actually meant – and what he meant is that we need to limit the overwhelming influence that corporations and financial elites currently wield over American life – his message is inevitably lost (at least amongst his decently educated audience) in his nonsensical juxtaposition of capitalism and democracy as mutually exclusive.
Sadly, little else about the scattershot Capitalism: A Love Story makes much sense, either. The film is a jumble of macro- and micro-economic diatribes that fails almost completely to show the link between the collapses and bailouts on Wall Street and the current struggles on Main Street. Moore wants desperately to make us see that link, and to get us angry about it, but he gets no closer than anyone else has to illuminating the complex financial instruments (derivatives, credit default swaps, etc., etc.) that played a major role in the banking catastrophe – or to showing us how they affect the lives of ordinary people through foreclosures, job losses and the like. (more…)

Did you know that one home is foreclosed every 7 1/2 seconds in the United States? Or that millions of unsuspecting Americans have secret life insurance policies taken out on them by the very companies they work for? If you didn’t, Michael Moore is here to tell you all about it in his new film Capitalism: A Love Story. So sit back and prepare for history class…
Since its inception, this column has at times deviated from the strict parameters that most “movie” columns adhere to. In many ways, my intention has always been to touch on more than the average movie discussion, as it is my belief that there is a link to the world of cinema in every facet of our lives. That said, I hope you’ll forgive me from straying a little further even than normal.
As the news about the global economic downturn goes from bad to worse, we’re at a point where government inaction is not a palatable option. Something needs to be done, and countermeasures against further slippage into recession need to be implemented with all deliberate speed. Most other countries in the grip of this recession are doing the same, and now, it seems, the United States is poised to spend an amazing amount of money to prime the pump to revive the economy. And since private enterprise is doing everything in its power to weather this storm the only way it knows how (i.e., by cutting overhead, reducing spending, and laying off employees), the importance of government action is magnified, because it’s seemingly the only option left.
DVD News: 20th Century Fox — Disaster in the Making
by Lance Berry20th Century Fox used to be one of the most respected film studios in the business. Its catalog of films is virtually legendary: Miracle on 34th Street (the 1947 version, not the 1994 remake), The Day the Earth Stood Still (the 1951 classic, not the crappy remake from last year), Gentlemen Prefer Blondes, The Seven Year Itch, the original Planet of the Apes film series, Young Frankenstein, the Star Wars films, the Alien series, The Princess Bride, Wall Street, Home Alone, Die Hard, and dozens of others.
Now it’s reached a new low by revealing that from now on all extras — commentaries, background features, deleted scenes, etc. — on DVDs of its films won’t be included on any discs designed for rental purposes. This means that if you rent your DVDs from Blockbuster or some other store or service (possibly Netflix — more on that in a second), you won’t have the option to decide if you like the extras enough to later buy the DVD — you’ll be forced to buy them from stores, sight unseen, and have to hope that the extras are special enough to warrant the purchase of the disc, regardless of how you feel about the film.
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Tags: 20th century fox, blockbuster video, commentaries, dvd extras, DVD sales, film production, greed, Lance Berry, netflix, opinion column, rentals, Slumdog Millionaire, special features, The Dark Knight, the day the earth stood still, Wall Street, watchmen
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