Capitalism: Still Popular, Despite the Bad PR

Capitalism: Still Popular, Despite the Bad PR

Capitalism seems rather out of fashion these days. Whether it’s President Obama’s penchant for taking over private industry, Congress’ uncontrolled spending, or the media’s near-constant attacks on Wall Street, one can safely assume capitalism will be placed in the “out” category on those ubiquitous year-end round-ups of trends that are “in” and “out” of fashion.

Michael Moore’s myth-making on the big screen is the latest the attempt to weaken the American public’s confidence in capitalism. It could prove effective because let’s face it, more Americans go to the movies than read economic theory. Moore’s movie Capitalism: A Love Story is...