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Capitalism: A Love Story

I was reading the review of Capitalism over at Reason and at the end it had this,

One final note: Just before the film started, Moore asked the audience to turn off any recording devices because the studio did not want bootleg versions of the film getting around. Apparently this socialism stuff has its limits.

I had to laugh. Frankly I think everyone who wants to watch the movie should show Mr. Moore exactly how much they support him and download it off the internet.

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About Steve Verdon
Steve has a B.A. in Economics from the University of California, Los Angeles and attended graduate school at The George Washington University, leaving school shortly before staring work on his dissertation when his first child was born. He works in the energy industry and prior to that worked at the Bureau of Labor Statistics in the Division of Price Index and Number Research.

Comments

  1. Yes, because only laissez faire capitalists believe in intellectual property law.

    And the appropriate response to Mr. Moore is to rob him.

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  2. John Burgess says:

    Well, robbing him seems a bit kinder than just shooting him down like a dog…

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  3. Mithras says:

    God lord, this is inane. If Moore were a Communist, you might have a point.

    Also, I love how the Reason reviewer describes the union members as “toughs”. At least he didn’t call Moore fat.

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  4. Steve Verdon says:

    Yes, because only laissez faire capitalists believe in intellectual property law.

    Actually Michael, we’ve already had this discussion.

    For those who are interested in why intellectual property laws, as they are currently structured, are bad, click here. Levine and Boldrin’s book on the topic can be downloaded here (legally).

    It is common to argue that intellectual property in the form of copyright and patent is necessary for the innovation and creation of ideas and inventions such as machines, drugs, computer software, books, music, literature and movies. In fact intellectual property is a government grant of a costly and dangerous private monopoly over ideas. We show through theory and example that intellectual monopoly is not necessary for innovation and as a practical matter is damaging to growth, prosperity and liberty.

    And the appropriate response to Mr. Moore is to rob him.

    Considering that monopolistic pricing, in Moore’s world view is both evil and theft, sure why not.

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  5. Your opinion is that IP laws are wrong. (As you know, I think you don’t know what you’re talking about. In fact, I think you probably just like to steal people’s music.) But the laws remain in force.

    And just what is the moral system that holds that we should act toward others according to our perceptions of their moral code, rather than acting according to our own laws or own moral code?

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  6. For those not privy to our earlier discussion re: IP, I’ll add by way of explanation that you, so far as we know, have neither created nor own any IP. And I’ve created and currently own several million dollar’s worth of IP.

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  7. Steve Verdon says:

    Your opinion is that IP laws are wrong. (As you know, I think you don’t know what you’re talking about. In fact, I think you probably just like to steal people’s music.) But the laws remain in force.

    Actually, having sampled your economic reasoning it is safe to say that you are the ignoramous. And, no, I actually buy CDs because I prefer the quality of the CD.

    For those not privy to our earlier discussion re: IP, I’ll add by way of explanation that you, so far as we know, have neither created nor own any IP. And I’ve created and currently own several million dollar’s worth of IP.

    I’ve created quite a bit. It is, however, owned by my employer, as it was a condition of my employment, and given that it is highly specialized in nature, it is unlikely to have much value outside of where I work. But this is really just an ad hominem.

    But what the heck, I’ll indulge in a little ad hominem as well: Since you do own IP, and you benefit from the current monpoly system for IP, your own opinions are not to be considered valid. The thief always considers his actions justified.

    Have a good weekend Michael.

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  8. Steve:

    I’m sorry, who did I steal 150 books from? I seem to recall writing them all on my own.

    But if you know somewhere I can “steal” my next few books, let me know, okay? It would be so much easier.

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  9. Steve Verdon says:

    I’m sorry, who did I steal 150 books from? I seem to recall writing them all on my own.

    Normally monopoly pricing is illegal. Fortunately, you get a get out of jail free card thanks to current laws.

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