Toward the end of the movie, Moore says capitalism is irredeemably evil and "has to be replaced." With what? I assumed he'd say socialism, but instead his answer is "democracy."
This apparently means expanding "hundreds of worker-owned businesses" in the United States.
But since workers are already free to start businesses, what's his point? A more astute observer would show how government intervention—licenses, taxes, regulations—inhibits such businesses. . .
For two hours, Moore rails against reckless banks and government bailouts, but never once mentions the government-business partnership that created the conditions for the turmoil. The fact that America no longer has a genuinely free market is the unnoticed 10,000-pound elephant in Moore's room.
Stossel concludes: Moore's "own evidence suggests that the real answer is a separation of state and economy—stripping away Wall Street's privileges."
"In other words: Limit government's power. Let the free market work."
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