The latest from Michael Moore, Capitalism: A Love Story, was widely released this past weekend. I have not yet gotten around to seeing the film, partly because it doesn't appear as if any local theaters are carrying it, and also because masochism really isn't my thing.

But one doesn't really need to see the movie to guess the ending.

As Moore evidently concludes at the end of his movie, "Capitalism is evil, and you cannot regulate evil. You have to eliminate it and replace it with something that is good for all people and that something is democracy."

What exactly constitutes this democracy one can make an educated guess. Moore recently appeared in an online interview with Bernie Sanders, a Vermont senator and self-proclaimed socialist, to ask what the problem was with American capitalism.

Moore is a bit late in attacking capitalism. French President Nicolas Sarkozy proclaimed last year that laissez-faire is finished.

Nancy Pelosi, in the debate before the vote on the bank bailout, stated that "Democrats believe in the free market ... but in this unbridled form ... it has created chaos."

This tells the truly sad story of our day, that of libertarians, or dedicated limited government advocates. John Hasnas, a professor of business at Georgetown, explained quite accurately what it feels like to be a libertarian, in an essay by that very name.

"It feels bad. Being a libertarian means living with an almost unendurable level of frustration. It means being subject to unending scorn and derision despite being inevitably proven correct by events...

Imagine spending two decades warning that government policy is leading to a major economic collapse, and then, when the collapse comes, watching the world conclude that markets do not work."

He explains:

"Imagine spending years decrying federal intervention in the home mortgage market; pointing out the dangers associated with legislation such as the Community Reinvestment Act that forces lenders to make more risky loans than they otherwise would; testifying before Congress on the lack of oversight and inevitable insolvency of Fannie Mae and Freddie Mac to legislators... and then, when the housing market implodes under the weight of bad loans, watching the collapse get blamed on the greed and rapaciousness of "Wall Street.""

Moore and the left attribute the meltdown to Wall Street greed. To really get this point, you can play the money to burn game on the movie's website, where you go to jail if you win. But as Thomas Sowell put it, saying the financial meltdown was caused by greed is like saying that plane crashes are caused by gravity.

It goes beyond the financial system.

People attribute the runaway costs in health care insurance to a failure of the free market, yet conveniently overlook the fact that fifty percent of medical expenditures are paid for by the government in systems that create perverse incentives for runaway costs.

What the government doesn't directly pay for is controlled through mandates and tax exclusions that prevent the market from functioning.

But instead of getting the government out of the health care industry, Obama wants to expand its role in it. But instead of getting the government out of the housing industry and taking away the incentive from mortgage companies to lend to people who can't afford homes, Obama calls for more regulation and then gets the government involved in a few more industries. Instead of reducing people's tax burden, allowing them to keep more of their money, and increasing their incentive to work, Obama increases unemployment and Medicaid benefits, which does just the opposite and actually creates a greater dependency on the government.

There seem to be green shoots of a libertarian awakening taking place over the past several months with the tea parties, but most of those people will probably go away when Republicans take control again and conveniently ignore the inevitable continued expansion of government, just as most of them did under the debacle that was Bush.

I'd imagine it's like being a Cubs fan, except there usually isn't much hope for next year.

Jordan is a senior in LAS.