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In Which Michael Moore Arrogantly Reveals He Knows Nothing About Economics

1:17 PM, Oct 27, 2011 • By MARK HEMINGWAY
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Via Josh Trevino's twitter feed, I see that Michael Moore has another screed about Occupy Wall Street up at Daily Kos. These things are usually best ignored, but this bit where Moore defends his sizable personal wealth is priceless:

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.

Alrighty then! I took a few economics courses in my day, and I seem to recall that "making things" features quite prominently in the capitalist system. One might say it is "production of capital" -- hence the name, capitalism.

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