Film Wall Street Discussion

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PaulA
Topic
04:22:04 PM Nov 9th 2015
  • The Man Is Sticking It to the Man: This is an anti-corporate, anti-capitalist movie produced by a major movie studio using corporate finance with the ultimate aim of making a profit.
    • Actually, Word of God states that the film is actually more of a criticism of the cynical, quick-buck culture of the '80s business world, and is neither pro- nor anti- Wall Street. It was made to paint a picture of that world (the director's father was a stock broker himself), and leave viewers to form their own opinions. Given the many, many different views of the film, he's succeeded. There is probably a very high correlation between one's opinion of the film and one's economic views.

So is it an example or not? If somebody can rewrite this so it's not arguing with itself, it can go back on the list.
jkbeta
Topic
02:07:26 PM Jun 11th 2012
About the Names to Run Away from Really Fast example: How is Gekko a name to run away from? To me, it sounds more like a cute and slightly odd critter...
DynamicDragon
Topic
06:06:47 PM Feb 24th 2012
Should this be moved to Film? After all, this isn't about the actual Wall Street
Jordan
Topic
10:57:31 PM May 29th 2010
As I noted under the Strawman Has a Point page, Gecko isn't an example of this, and the movie is not an anti-free market Author Tract. See "Themes" on this page. Gecko isn't a strawman of capitalism. Rather, he's a fictionalized version of a lot of shady and outright criminal traders during the 1980s. His famous speech was inspired by a real speech given by Ivan Boesky.

Are there people who like the film because they think it validates their opposition to the free market?- Probably yes. But the film is not strawmanning Gecko.
StudiodeKadent
03:39:47 AM Jun 8th 2010
You have a point; the film can be read as being anti-short-term and anti-dishonesty rather than anti-free-market.

However, we're talking about a mainstream Hollywood film here. Its reasonably obvious how many people in the entertainment industry view free market economics. Yes, I am speculating that author intention was to strawman free markets, even if a more economically literate mind can read different themes into it.

The same applies to Avatar, you can read it as a defense of property rights against a government-priveliged Mega Corp. (plug it into Kelo vs. New London etc). However, the intention of the authors is very clearly to piss all over Enlightenment values, modernity, Promethean human progress etc. because of the oh-so perfect Na'vi that live in perfect harmony with all living things and how evil we terrible humans are for not getting down on our knees and grovelling before the greatness of mother nature. Its exactly like the Christian myth of the Tower of Babylon, with "Gaia" in the place of "God."

I'm not saying you aren't reading the film in a defensible way. You obviously are. But I think the intention of the authors was very much an anti-free-market one (and Oliver Stone is, if I remember correctly, well-known for anti-market political beliefs).
mythbuster
09:30:27 PM Aug 31st 2010
Mind you, the "Greed Is Good" rant was an appeal to shareholders, calling out the bloated management for wasting all the shareholders' money and not having any skin in the game. There were too many executives, and they were doing a horrible job, so Gecko said, "I'll buy this company from you so I can fire these guys who are bankrupting your company for their own enrichment since you can't get rid of them yourselves. Any takers?"
DynamicDragon
06:08:19 PM Feb 24th 2012
It also underlines Gekko's hypocrisy. He complains about the company's executives having no interest in its future, when he himself makes his money through creative destruction
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