Capitalism a Love Story

Topics: Michael Moore, Youth detention center, Ronald Reagan Pages: 2 (784 words) Published: April 23, 2012
Capitalism: A Love Story
The whole point of this documentary was to reveal capitalism for what it truly is. Capitalism is about taking and giving, but mostly taking. It takes advantage of others disadvantages. People were made to believe that capitalism was good and holy and that it tied into the bible, but in reality, it’s the opposite. Michael Moore would call more of financial Cudahy. Every 71/2 seconds a person’s house is being foreclosed in America. The banks are evicting people from their own home because they couldn’t pay. In the beginning of the film it showed a family of four being evicted, 7 cop cars came to the home just to remove these people from their home. It then goes onto a different family, Randy and Donna. They’re family had been living there for years. Randy had an accident and was then put on disability, so it got harder for them to pay the bills. There was a misunderstanding between the police officer and Randy, the bank had supposedly given them 30 days to move, but the police were told otherwise. It turned out Citibank had already sold the house. 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. You can this is where it all went downhill. Donald Reagan who was a chairman and was the richest broker in the world at the time was chosen as the chief of staff, he helped cut taxes for the rich. During Ronald Reagan’s presidency a lot of bad things started to happen, healthcare rates went up, there was an explosion of bankruptcy, the unemployment was higher than ever, and etc. Capitalism existed everywhere. In Works berry, Pennsylvania the county hired a private profit making corporation, Pa child care. Two businessmen Robert Powel and Gregory Zappala were owners of this juvenile detention center. Apparently they made a deal with Mark Chiavalera who was a judge. Many kids were put in the detention center even if...
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