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From the Scrapbook

Nov 7, 2011, Vol. 17, No. 08 • By THE SCRAPBOOK
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I do very well​—​and for a documentary filmmaker, I do extremely well. That, too, drives conservatives bonkers. “You’re rich because of capitalism!” they scream at me. Um, no. Didn’t you take Econ 101? Capitalism is a system, a pyramid scheme of sorts, that exploits the vast majority so that the few at the top can enrich themselves more. I make my money the old school, honest way by making things.

The dust is gathering on our textbooks, but The Scrapbook took Econ 101 back in the day. We seem to recall “making things” as a rather prominent feature of the capitalist system, as is keeping the fruits of one’s honest labor. 

In this case, the things that Michael Moore happens to produce are films that assuage the guilt of rich liberals, and he is very good at it. Whether he likes capitalism or not, Moore amply demonstrates just how robust and efficient free markets really are. After all, Moore knows absolutely nothing about economics and has still managed to become a remarkably successful capitalist.

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