Confusing capitalism and corporatism, again

Published October 17, 2011 4:00am ET



A couple years back, liberal bomb-thrower Michael Moore produced a film called “Capitalism: A Love Story.” The funny thing: many of my free-market-loving friends kind of liked the film.

Moore, you see, spent the documentary attacking the tendency of big businesses (especially big banks) to beg for government protection and taxpayer handouts. The libertarian & conservative objection to Moore’s film, of course, was the title. Moore pinned “capitalism,” (which most people interpret as involving the free market) with all the sins of everyone who seeks a profit.

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