Moore speaks to Catholic priests and Bishop Thomas Gumbleton, who believes that capitalism is evil and contrary to the teachings of Jesus and the Bible. The film alternates between a fierce critique of the status quo, personal portraits of the suffering caused by the recent economic crisis, and comical social satire. Moore also includes a long-lost archival footage of FDR calling for a Second Bill of Rights that would guarantee all Americans "a useful job, a decent home, adequate health care, and a good education. [13] The theater average was considered strong, though it did not beat the record opening of Moore's Fahrenheit 9/11, which grossed $83,922 at two theaters in one day. After seeing the congressional testimony of pilot Chesley "Sully" Sullenberger (who reported that over the course of his career, his salary had been cut by 40 percent and his pension, like most airline pensions, was terminated and replaced by a "PBGC" guarantee worth only pennies on the dollar),[5] Moore notes that pilots being overworked and underpaid did not enter into the media discussion following the crash of Colgan Air Flight 3407. In moments like that, Moore's "Capitalism: A Love Story" speaks eloquently. Moore then interviews several Catholic priests, including Bishop Thomas Gumbleton (Archdiocese of Detroit), all of whom consider capitalism contrary to the teachings of Christianity. Capitalism: A Love Story is more than Michael Moore's latest documentary — it's the summation of the movies he's been making for the past 20 years. Time Out says. Capitalism: A Love Story Capitalism: A Love Story is a non-fiction documentary that talks about the impact of corporate dominance on the everyday lives of Americans that even show around the world.Capitalism is based on real facts about the American economy and is what led them Growing up in Michigan, Moore attended parochial school and as a … He believes that capitalism is a system which claims to reward free enterprise but in fact rewards greed. [16], Review aggregator website Rotten Tomatoes reported an approval rating of 75% based on 185 reviews, with an average score of 6.71 out of 10. Moore examines the claim that the tenets of capitalism are compatible with Christianity, arguing that the rich ignore religion when it comes to the poor, sick and disadvantaged. Film, Documentaries. Moore concludes that he cannot accomplish this goal this alone and appeals for help from the viewer, ending the film. The film then cuts to the Luzerne County court scandal, Captain Sullenberger's congressional testimony regarding airline pilots' poor treatment, and the expose of "dead peasant insurance" policies that have companies profiting from the deaths of their employees. The film then shows part of a July 15, 1979 speech by President Jimmy Carter (known today as the "Malaise" speech) about America's "crisis of confidence" and warning Americans of the dangers of "self-indulgence and consumption" (which almost no one wanted to listen to). He quotes Don Regan's line to Ronald Reagan, "... and please, speed it up". Moore adds that it is a crime that Americans do not have these things and never will have them as long as the evil of capitalism continues to enrich the few at the expense of the many. But Capitalism: A Love Story reaffirms, as Sicko did before it, that Moore is a man of the people. In the following Reagan years of the 1980s, where the policies of Don Regan "turned the bull loose" for free enterprises, corporations gained more political power, unions were weakened, and socioeconomic gaps were widened. The Associated Press's national business columnist Rachel Beck reviewed the accuracy of three points made in Capitalism: The Association of Advanced Life Underwriting issued a statement that Moore "mischaracterized" Corporate Owned Life Insurance (COLI), stating that the issues were addressed by Congress in the 1990s and again in 2006. "The documentary features a number of positive portrayals, which include bailout watchdog Elizabeth Warren, Wayne County Sheriff Warren Evans, who put forth a moratorium on home evictions, and Ohio Representative Marcy Kaptur, who on the floor of the US Congress encouraged Americans to be "squatters" in their own homes, and refuse to vacate.The film closes with Moore placing police lines around numerous banks, and lastly, Wall Street itself. Random Threats from an Unarmed American, Crackers the Corporate Crime Fighting Chicken, https://en.wikipedia.org/w/index.php?title=Capitalism:_A_Love_Story&oldid=1009968777, Documentary films about American politicians, Documentary films about the Great Recession, Short description is different from Wikidata, Wikipedia articles needing clarification from January 2020, Official website different in Wikidata and Wikipedia, Creative Commons Attribution-ShareAlike License, Three months after a scene in which Moore approaches, This page was last edited on 3 March 2021, at 04:51. The film, Capitalism a love story is an American documentary film produced by and written by Michael Moore. [clarification needed] Moore then returns to the present, showing President George W. Bush enjoying his final year in office as companies announce massive layoffs and the economy starts to collapse. He asks her, "Where's our money? These are pretty exotic"). The film centers on the late-2000s financial crisis and the recovery stimulus, while putting forward an indictment of the then-current economic order in the United States and of unfettered capitalism in general. The film was widely released to the public in the United States and Canada on October 2, 2009. He asserts that capitalism allows people to get away with anything, including making a profit from someone's death. Capitalism: A Love Story Michael Moore A man that was brought up from a modest upbringing, Goes out in search of answers to whom is really in control of America. "[19], Leslie Felperin of the trade paper Variety wrote, "Pic's target is less capitalism qua capitalism than the banking industry, which Moore skewers ruthlessly, explaining last year's economic meltdown in terms a sixth-grader could understand. Capitalism: A Love Story absurdly advocates the “elimination” of the profit system at the same time as it praises one of the parties, and that party’s leading figure, who preside over that system. Capitalism: A Ghost Story by Arundhati Roy. “Capitalism: A Love Story” is a documentary widely released to the public in the United States and Canada on October 2, 2009, which was written, produced, and directed by Michael Moore. Capitalism: A Love Story directed by Michael Moore is a one-sided representation of Capitalism and its negative effects and irresponsibly promotes unlawful revolt … 3 out of 5 stars. The critic noted whom the documentary targeted: "Though it blames all political parties, including the Democrats, for caving in with the bailout, the film is careful to spare President Barack Obama, who remains a symbol of hope for justice. Capitalism: A Love story is documentary film which scrutinizes the effects of capitalism in the lives of Americans, and features different portraits of scenarios which criticizes capitalism as an evil system that consist of giving and taking but mostly taking. Filmmaker Michael Moore explores corporate greed, the global economic meltdown, and their disastrous effect on American lives. Michael Moore still has a good eye for a stunt. Moore eventually concludes that the complex system and terminology are merely there to confuse and "get away with murder", and Wall Street is just "an insane casino".Moore then explores the role of Alan Greenspan and the U.S. Treasury in leading up to the United States housing bubble that devastated the American middle class. Capitalism: A Love Story Monday, February 17, 2014 Documentary Analysis Victims voice OUT! He asked that newsreel cameras film the last portion of the address, concerning the Second Bill of Rights. Looking back on his happy and prosperous early life, Moore asserts that "if this was capitalism, I loved it... and so did everyone else". Since the s, the media, government spokespersons, and businesses have all proclaimed capitalism to be a wonderful and good thing for the United States, . Capitalism: A Love Story is by turns crude and sentimental, impassioned and invigorating. With both humor and outrage, the film explores the question: What is the price that America pays for its love of capitalism? Reviews were generally positive. The film then presents a mockery of what would happen if Jesus was a capitalist who wanted to "maximize profits", to "deregulate the banking industry" and wanted the sick to "pay out of pocket" for their "pre-existing condition", in contrast with several news pundits who proclaim the success of various capitalist enterprises as being a "blessing from God. Moore then discusses with William Black, who analogizes the situation to the build-up of the collapse of a dam. With both humor and outrage, the film explores the question: What is the price that America pays for its love of capitalism? ", "For Those of You on Your Way to Church This Morning ...", "The Best Scenes From Michael Moore's New Movie", "Moore's 'Capitalism' off to profitable start", "Capitalism: A Love Story (2009) – Daily Box Office Results", "Capitalism: A Love Story (2009) – Weekend Box Office Results", "Weekend Box Office Results for October 2–4, 2009", http://newsweek.washingtonpost.com/onfaith/catholicamerica/2009/10/michael_moore_as_catholic_of_the_year.html?hpid=talkbox1, "La Biennale di Venezia - The 66th Festival Collateral Awards", "Venice Film Festival unveils Golden Lion lineup led by Michael Moore", "15th Annual Critics' Choice Movie Awards (2010) – Best Picture: The Hurt Locker", "Post-Film Action Plan: 15 Things Every American Can Do Right Now", "Capitalism is evil … you have to eliminate it", In The Center Ring: Michael Moore vs Capitalism, Naomi Klein in Conversation With Michael Moore, Michael Moore Examines Today's Economic State, Moore Goes to the Source in "Capitalism: A Love Story", Office of Federal Housing Enterprise Oversight, China–Japan–South Korea trilateral summit, Dodd–Frank Wall Street Reform and Consumer Protection Act, Term Asset-Backed Securities Loan Facility, American Recovery and Reinvestment Act of 2009, Fraud Enforcement and Recovery Act of 2009, Housing and Economic Recovery Act of 2008, National fiscal policy response to the Great Recession, List of banks acquired or bankrupted during the Great Recession, Effects of the Great Recession on museums, Downsize This! The film moves from Middle America, to the halls of power in Washington, to the global financial epicenter in Manhattan. Capitalism a Love Story Essay Example The documentary goes back to two decades ago, when capitalism was good and the rich paid 90% of tax, but that all changed when Ronald Reagan became president. In the documentary Capitalism: A Love Story, Michael Moore tackles the issue of Capitalism in a never ending quest to educate society. The critic complained that Moore strove "to manipulate viewers' emotions with shots of crying children and tearjerking musical choices", believing that the documentary worked better when the director let the topic unfold through various accounts. You can this is where it all went downhill. It was released on DVD and Blu-ray on March 9, 2010. Felperin said that the documentary was similarly structured to Moore's previous documentaries, "Capitalism skips around considerably, laying down a mix of reportage, interviews and polemic." He lays all … Michael Moore's new film, CAPITALISM: A LOVE STORY, is as bold, brave, controversial and ambitious as anything he's ever done. The film moves from Middle America, to the halls of power in Washington, to the global financial epicenter in Manhattan. "[17] Metacritic, which assigns a weighted average rating out of 100 to mainstream critics' reviews, reported an average score of 61 out of 100 based on 35 reviews, indicating "generally favorable reviews". The film alternates between a fierce critique of the status quo, personal portraits of the suffering caused by the recent economic crisis, and comical social satire. 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. The film moves from Middle America, to the halls of power in Washington, to the global financial epicenter in Manhattan. [7], Footage of President Franklin D. Roosevelt detailing his proposed Second Bill of Rights was believed to be lost. The film is brilliantly researched, both with regard to the labyrinthine web of connections between the world of finance and the corridors of power and the wittily used archive footage. Summary Of The Film Capitalism, A Love Story 1452 Words | 6 Pages. Eventually Marcus Haupt, a former VP of Lehman Brothers, agrees to help but fails at clearly explaining these terms. A Love Story The film A love story caught my attention because they show the clear reality of what is capitalism. The film centers on the late-2000s financial crisis and the recovery stimulus, while putting forward an indictment of the then-current economic order in the United States and of unfettered capitalism in general. [3] The film also features a religious component in which Moore examines whether or not capitalism is a sin and whether Jesus would be a capitalist;[4] this component highlights Moore's belief that evangelical conservatives contradict themselves by supporting free market ideals while professing to be Christians. [24], At the Venice Film Festival, Moore won the "Leoncino d'Oro" ("Little Golden Lion") award for his documentary, and he also received the festival's Open Prize. He notes that by the time of the job cuts in Flint, Germany and Japan had rebuilt their automotive industries and were producing better, safer, cleaner, more reliable cars. Interviews with Senate insiders and financial experts are informative, and there’s an amusing sequence in which he quizzes a selection of priests and bishops who opine that capitalism is "evil" and was not, in fact, the preferred economic model of Our Lord. Captialism: A Love Story (2009) Buy Now Watch on Netflix On the 20-year anniversary of his groundbreaking masterpiece “Roger & Me,” Michael Moore’s “Capitalism: A Love Story” comes home to the issue he’s been examining throughout his career: the disastrous impact of corporate dominance on the everyday lives of Americans. [9][10], Capitalism: A Love Story premiered at the 66th Venice International Film Festival on September 6, 2009. His conclusion, which he elaborated on in more detail after the film's release, is that "you can't call yourself a capitalist and a Christian, because you cannot love your money and love your neighbor. That said, there's still plenty here to annoy right-wingers, as well as those who, however much they agree with Moore's politics, just can't stomach his oversimplification, on-the-nose sentimentality and goofball japery." Moore then interviews Wall Street Journal columnist Stephen Moore (no relation), who believes "capitalism is a lot more important than democracy". "..I lost a piece of my heritage..why do you do this to the hard working people?" [25] The documentary was also nominated for the festival's Golden Lion award,[26] but lost to Lebanon. Topics covered include Wall Street's "casino mentality", for-profit prisons, Goldman Sachs' influence in Washington, D.C., the poverty-level wages of many workers, the large wave of home foreclosures, corporate-owned life insurance, and the consequences of "runaway greed". During the Cannes Film Festival in 2008, Overture Films and Paramount Vantage announced an upcoming project by director Michael Moore, though at the time they were vague about the project's theme. Moore then uses an Encyclopedia Britannica archive video to compare the modern-day America with the Roman Empire. There is a dramatic pause and Warren replies, "I don't know." The AALU further states that corporate-owned life insurance is taken out only on highly compensated employees, only with their knowledge and consent and that COLI finances employee benefits and protects jobs and that employees pay nothing for COLI but receive substantial benefits.[23]. It connects the world of finance, politics and power, and social life brilliantly. [27] Moore also received a nomination for Best Documentary Screenplay from the Writers Guild of America. Capitalism: A Love Story examines the impact of corporate dominance on the everyday lives of Americans (and by default, the rest of the world). A broad definition of capitalism is an economic system where business enterprises are privately owned while the rules and policies that run market conditions are determined by a central government (Bowles 5). Originally thought to be a follow-up to the 2004 film Fahrenheit 9/11, it was revealed that Moore's film was to be a documentary about the financial crisis of 2007–2010. [15] The final domestic total was $14,363,397,[2] making it the 16th highest grossing documentary in history (2014). Capitalism: A Love Story -- Film Review. Capitalism: A love story film makes liberals happy because it says out loud the injustices that the Americans are passing through (Adesnik, & McFaul, 2006). This prosperity was driven by the manufacturing industry, which benefited from post-war Germany and Japan struggling to recover. Moore begins by discussing what capitalism and "free enterprise" mean. 11:08 AM PDT 9/6/2009 ... Moore has assembled a collection of nearly unbelievable horror stories to illustrate why capitalism and democracy do … He calls for capitalism to be eliminated and replaced with something good for all people: Democracy. On this, Capitalism: A Love Story seems clear enough. Capitalism: A Love Story examines the impact of corporate dominance on the everyday lives of Americans (and by default, the rest of the world). He profiles Wayne County Sheriff Warren Evans, who orders an end to foreclosures; the Miami Low Income Families Fighting Together, who re-occupy foreclosed homes; and workers at Republic Windows and Doors, who organized a sit-down strike after being fired without severance, vacation time, or health care benefits after the company was taken over by Bank of America and JPMorgan Chase. Religion expert Anthony Stevens-Arroyo stated that the film should be considered "a special kind of Catholic achievement" and asked whether Michael Moore should be named "Catholic of the Year" for raising the serious issues in the context of Catholic social teaching, and for presenting "Catholic currents of social justice" in the film. The reason seems to be this. [29], Washington Post, October 28, 2009, "Catholic America: Michael Moore: Catholic of the year? [18], Deborah Young, writing for the trade paper The Hollywood Reporter, wrote of Capitalism: A Love Story, "Although it's less focused than Sicko or Fahrenheit 9/11... because its subject is more abstract, this is a typical Moore oeuvre: funny, often over the top and of dubious documentation, but with strongly made points that leave viewers much to ponder and debate after they walk out of the theater." Moore also interviews a former employee at Countrywide Financial responsible for their VIP program for "FOAs" and details how many members of Congress and political figures received favorable mortgage rates under the program. Felperin observed Moore's prominent role in his own documentary, believing it to be justified with relevance to crises in the automobile industry that Moore's family personally encountered. 285 Michael Moore is the writer and director of the highly relevant documentary film, Capitalism: A Love Story, which is a film explicating on the financial crisis during 2007-2010 as well as the other aspects such as the economic stimulus package with the government committed in resolving the economic order of the United States and capitalism. Teenagers are victimized by being falsely accused and sent to juvenile detention centers for only for a ", referring to the $700 billion bailout money which Congress gave to the big banks and Wall Street investment companies. 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. ", taken out a life insurance policy on the man, Emergency Economic Stabilization Act of 2008, "Barack Obama Must See Michael Moore's New Movie (and So Must You)! In Capitalism: A Love Story, Moore is both more on target and much broader in his indictment of the top 1% of the population, those who own or … He points to Citigroup's leaked "plutonomy memo", which said that America and other countries were not democracies any more, but were ruled by the wealthy. Upon the film's February 2010 theatrical release in the United Kingdom, film critic Mark Kermode, appearing on The Culture Show, asked the BBC's business editor Robert Peston whether Moore's "crusading" had been based on a misrepresentation of American capitalism. Text Preview. After watching Moore’s movie, I had to rethink my understanding on the benefits of capitalism. With both humor and outrage, the film explores the question: What is the price that America pays for its love of capitalism? Michael Moore’s new movie, Capitalism: A Love Story, doesn’t pull any punches in its depiction of capitalism as the monster that is destroying America. In the film talked about what capitalism is a corrupt system of political, social and economic environment in which large companies and some very wealthy people control the property, including capital assets. "Moore discusses his own spiritual beliefs as a Catholic, and questions whether Jesus would belong to a hedge fund or sell short. At other times, his message is a little unclear. [28] At the 15th Critics' Choice Awards, it received a nomination for Best Documentary Feature. Moore then goes to Wall Street seeking technical explanation about derivatives and credit default swaps, only to be advised "don't make any more movies". citizens to live the “American dream”, capitalism has been the systematic governmental function that has allowed for us, as a nation, to growth in both wealth and power substantially in comparison to other countries. This film focuses on the financial crisis that America had begun to feel starting in the late 2000’s and on the recovery stimulus following that crisis. On this, Capitalism: A Love Story seems clear enough. One of the most surprising elements of Capitalism: A Love Story is the time given to an affirmation of Catholic priests who have condemned the excesses and rapaciousness of contemporary capitalism as immoral. Advised by Warren to contact Paulson's office for answer, Moore's call is promptly disconnected upon recognition of his identity. Moore reports on the Occupy movement and the 2008 presidential campaign of Democratic Senator Barack Obama, who was demonized as a "socialist". In February 2009, he issued an appeal to people who worked for Wall Street or in the financial industry to share firsthand information, requesting, "Be a hero and help me expose the biggest swindle in American history. Capitalism: A Love Story is a 2009 American documentary film directed, written by, and starring Michael Moore. [8] The footage shows Roosevelt's Second Bill of Rights address in its entirety, as well as a shot of the eight rights printed on a sheet of paper. This footage was believed lost until it was uncovered in 2008 in South Carolina by Michael Moore while researching for the film. "The film then features a leaked internal Citigroup memo happily declaring the United States a "plutonomy" (a society "where economic growth is powered by and largely consumed by the wealthy few"), with the top 1% of the population controlling more financial wealth than the bottom 95% combined. 3 out of 5 stars. "[6], Prior to the film's release, Moore partnered with web development company Concentric Sky to develop a companion website for the film. Then Moore goes and spoils it all by hauling out his trusty bullhorn for a series of lame stunts. The site's critics' consensus reads: "Love him or hate him, Capitalism captures Michael Moore in his muckraking element -- with all the Moore-centric showmanship that entails. [12] Over the weekend of September 25, Capitalism grossed $231,964 in the four theaters. The value of "Capitalism, A Love Story" is not in the moviemaking, it's in the message, and the release that it gives to those struggling right now. a desperate attempt to rescue the world economy, but a plot against the people. The film then shows the series of events leading up to the passing of 2008 bailout proposed by Treasury Secretary Hank Paulson (also the former CEO of Goldman Sachs). On September 23, the film had a limited release at two theaters in New York City and two theaters in Los Angeles,[12] grossing $37,832 in its first day for a $9,458 per theater average. [14], The film had a wide release in 995 theaters in the United States and Canada on October 2, 2009,[2] about a year after the enacting of the Emergency Economic Stabilization Act of 2008, which approved a $700 billion bailout of Wall Street. “Capitalism: A Love Story” is a documentary by Michael Moore that seeks to bring out the evils associated with capitalism, in a bid to dissuade Americans from a fiscal, StudentShare Our website is a unique platform where students can share their papers in a … The documentary tries to address the question: What is the price that America pays for its love of capitalism? [11] The film also screened at the Toronto International Film Festival on September 13 and at the New York Film Festival on September 21. "), Moore wonders about how the brightest of America's young generation are attracted into finance instead of science. Capitalism: A Love Story. Synopsis: Capitalism: A Love Story examines the impact of corporate dominance on the everyday lives of Americans (and by default, the rest of the world). Moore's closing remarks are the following: capitalism is an evil which can only be eliminated, in its place, a better system is that of democracy - rule by the people, not by money, and asks all those who support his beliefs to "speed it up", mimicking the famous phrase said by Don Regan to Ronald Reagan during one of the latter's speeches. [6] The film opened in eighth place at the box office on the first weekend of its wide release, grossing $4,447,378. The film begins a series of security footages of bank robberies (one of the robbers was even on a crutch) accompanied by the song "Louie, Louie". The film then contrasts the present economic reality in America with the policy of US president Franklin D. Roosevelt, who supported the Flint Sit-Down Strike in 1936. 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