Michael Moore Loves Capitalism
Michael Moore has a new movie coming out Friday called "Capitalism: A Love Story." NPR's Neal Conan interviews Moore on "Talk of the Nation."
Moore has a definite point of view and usually makes some points that catch my attention. I'll pull two quotes from this interview.
First, Moore suggests things in the US started getting difficult "around the time of Ronald Reagan." Here's one piece of supporting evidence. A 2005 UCLA study titled "Income and Wealth Concentration in Switzerland over the 20th Century" includes this figure illustrating that around the time of Ronald Reagan the share of income of the top 0.1% income earners in the US more than tripled. The very rich suddenly got very richer: