Michael Moore Takes On Wall Street

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The Venice film festival is in full swing, and today the Guardian reviews Michael Moore’s latest film, Capitalism: A Love Story:

Moore jabs his finger at everyone from Reagan to Bush Jr, Hank Paulson to Alan Greenspan. He drags the viewer through a thicket of insurance scams, sub-prime bubbles and derivative trading so wilfully obfuscatory that even the experts can’t explain how it works.

The big villain, of course, is capitalism itself, which the film paints as a wily old philanderer intent on lining the pockets of the few at the expense of the many. America, enthuses a leaked Citibank report, is now a modern-day “plutonomy” where the top 1% of the population control 95% of the wealth. Does Barack Obama’s election spell an end to all this? The director has his doubts, pointing out that Goldman Sachs — depicted here as the principal agent of wickedness — was the largest private contributor to the Obama campaign.

I say: sit back and enjoy.  There’s no need any longer for the ritual fainthearted acknowledgments that “Moore sometimes goes a bit too far” or “Moore sometimes prefers theater to getting the facts straight” or any of that.  It’s probably true, but why bother anymore? The wingers have already decided that we’re all a bunch of radicalfascistextremistcommunistunamericansocialistchicagothugs anyway, so what the hell.  Might as well just enjoy some lefty porn along with a big bag of popcorn and hail Michael Moore as a true American prophet.  What more can they call us, after all?

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SIX TRUTHS

Reclaiming power from those who abuse it often starts with telling the truth. And in "This Is How Authoritarians Get Defeated," MoJo's Monika Bauerlein unpacks six truths to remember during the homestretch of an election where democracy, truth, and decency are on the line.

Truth #1: The chaos is the point.

Truth #2: Team Reality is bigger than it seems.

Truth #3: Facebook owns this.

Truth #4: When we go to work, we're in the fight.

Truth #5: It's about minority rule.

Truth #6: The only thing that can save us is…us.

Please take a moment to see how all these truths add up, because what happens in the weeks and months ahead will reverberate for at least a generation and we better be prepared.

And if you think journalism like Mother Jones'—that calls it like it is, that will never acquiesce to power, that looks where others don't—can help guide us through this historic, high-stakes moment, and you're able to right now, please help us reach our $350,000 goal by October 31 with a donation today. It's all hands on deck for democracy.

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