Capitalism is generally considered to be an economic system that is based on private ownership of the means of production and the creation of goods or services for profit or income by individuals or corporations. Some have also used the term as a synonym for competitive markets, voluntary exchange, wage labor, capital accumulation, or personal finance. Capitalism is variously defined by sources and there is no general consensus among scholars on the definition nor which economies can historically be properly considered capitalist. The designation is applied to a variety of historical cases, varying in time, geography, politics, and culture. There is, however, general agreement that capitalism became dominant in the Western world following the demise of feudalism.
Economists, political economists and historians have taken different perspectives on the analysis of capitalism. Economists usually emphasize the degree to which government does not have control over markets (laissez faire), as well as the importance of property rights. Most political economists emphasize private property as well, in addition to power relations, wage labor, class, and the uniqueness of capitalism as a historical formation. The extent to which different markets are free, as well as the rules defining private property, is a matter of politics and policy. Many states have what are termed mixed economies, referring to the varying degree of planned and market-driven elements in a state's economic system. A number of political ideologies have emerged in support of various types of capitalism, the most prominent being economic liberalism.
Michael Francis Moore (born April 23, 1954) is an American filmmaker, author, social critic and activist. He is the director and producer of Fahrenheit 9/11, which is the highest-grossing documentary of all time. His films Bowling for Columbine and Sicko also place in the top ten highest-grossing documentaries. In September 2008, he released his first free movie on the Internet, Slacker Uprising, which documented his personal quest to encourage more Americans to vote in presidential elections. He has also written and starred in the TV shows TV Nation and The Awful Truth.
Moore criticizes globalization, large corporations, assault weapon ownership, U.S. Presidents Bill Clinton and George W. Bush, the Iraq War, the American health care system, and capitalism in his written and cinematic works.
Moore was born in Flint, Michigan, and raised in Davison, a suburb of Flint, by parents Veronica (née Wall), a secretary, and Frank Moore, an automotive assembly-line worker. At that time, the city of Flint was home to many General Motors factories, where his parents and grandfather worked. His uncle LaVerne was one of the founders of the United Automobile Workers labor union and participated in the Flint Sit-Down Strike.
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You think that you're all alone
Your friends and your money all gone
You don't know where you're heading at
Downpressed by all that
You come on knocking on my door
Say you don't matter any more
Say you don't know what you're living for
Well, haven't you heard before
Capitalism feeds on individual depression
Exchange your nameless fears for a hopeful expression
Now, don't let that drag you down
Pick yourself up from the ground
You're worth much more than gold
Stand up and take a look around
You come on knocking on my door
Say you don't matter any more
Say you don't know what you're living for
Well, haven't you heard before
Capitalism feeds on individual depression
There's nothing wrong with Capitalism
There's nothing wrong with free enterprise
Don't try to make me feel guilty
I'm so tired of hearing you cry
There's nothing wrong with making some profit
If you ask me I'll say it's just fine
There's nothing wrong with wanting to live nice
I'm so tired of hearing you whine
About the revolution
Bringin' down the rich
When was the last time you dug a ditch, baby!
If it ain't one thing
Then it's the other
Any cause that crosses your path
Your heart bleeds for anyone's brother
I've got to tell you you're a pain in the ass
You criticize with plenty of vigor
You rationalize everything that you do
With catchy phrases and heavy quotations
And everybody is crazy but you
You're just a middle class, socialist brat
From a suburban family and you never really had to work
And you tell me that we've got to get back
To the struggling masses (whoever they are)
You talk, talk, talk about suffering and pain
Your mouth is bigger than your entire brain
What the hell do you know about suffering and pain . . .
(Repeat first verse)
(Repeat chorus)
There's nothing wrong with Capitalism
There's nothing wrong with Capitalism
There's nothing wrong with Capitalism