Leftist filmmaker Michael Moore hates capitalism. Not surprising given his political and ideological sensibilities. However, it's the very economic system which allows him to be financially successful at what he does - make films. He's biting the hand that feeds him.
He debuted his new film, "Capitalism: A Love Story" at the Venice film festival. He says that "Capitalism is an evil, and you cannot regulate evil." He goes on to say that “You have to eliminate it and replace it with something that’s good for all people, and that something is called democracy.”
I'm curious how democracy, a political system, can replace capitalism, a economic system. I can't say I'm surprised at Moore's confused thinking which is often voiced by those on the left who hate capitalism despite all the evidence that it's the source of wealth creation in the world.
Certainly, there are abuses by those operating in the free market, capitalist economic system. Just look at the financial activities by both private businessmen and government leaders who helped bring on the crisis. The problem isn't with the system per se but the people working in the system.
One has to ask what's the alternative to the capitalist, free market system? Beyond Moore's incomprehensible response, democracy, the answer by the left is ultimately socialism; government control of the means of production. The result as we saw with USSR and other communist regimes is poverty and despair.
This discussion does point out a significant worldview issue. The nature of man. People on the left view man as basically good and any problems in society are the result of bad institutions and systems. Those operating from a Judeo-Christian perspective view man as made in the image of God but also fallen or sinful. That's the fundamental problem not bad institutions.
The answer isn't getting rid of capitalism but restoring the moral fabric of our society. Frankly, Moore's secularist worldview undermines any sort of workable moral system, because it denies the existence of any transcendent truth in which morality is based. Moore's prescription for our economic system is sawing off the branch he's sitting on.