capitalism a love story

We went to see the latest Michael Moore movie over the weekend.  In Capitalism, he calls into question the economic principles of our country.  I’m not the biggest Michael Moore fan in the world, but he’s a good storyteller, and there were some scary stories to tell.  Among them:

  • A city that privatizes its juvenile detention facility, and how that company greased the wheels of the justice system to make sure it stayed full.
  • Companies taking out life insurance policies on their employees, so they can cash in when they die.
  • Billion dollar bailouts orchestrated in backroom deals by former Wall Street execs with no accountability.

Moral of the story: left unchecked, the profit motive can lead to some pretty terrible behavior.

I think I’ll have to rent Sicko and learn about health care.

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