Wall Street
“Greed, for lack of a better word, is good. Greed is right, greed works, greed clarifies—cuts through and captures the essence of the evolutionary spirit. Greed, in all its forms—greed for life, for money, for love, knowledge—has marked the upward surge of mankind” (O. Stone).
In 1987 the by Oliver Stone directed movie Wall Street was released, starring Michael Douglas and Charlie Sheen. The former played the character Gordon Gekko, who, according to the intended message of the movie, was supposed to be the villain, representing the greed in the financial sector. However, Gekko did not turn out to be the villain for everybody; he became a cult hero in the financial sector. The sector that bears great responsibility for the 2008 financial crisis in the United States, in which greed played a crucial role. By presenting greed in an appealing way, Wall Street increased the extent to which greed
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The main character, Bud Fox is anxious to work for him. Gekko sees potential in Fox, and becomes his mentor, guiding him towards success and wealth. However, their friendship and partnership ends when Gekko plans to destroy Fox’s father’s company. But despite the fact that Gekko, driven by greed, betrays his friend, his portrayal as villain is inadequate. Gekko is a successful, intelligent, and charismatic millionaire. He went to city-college and got rich by himself. The emoluments of his work include beautiful women, limousines, a private jet, a house on the beach and a spacious office (J. Stone 84). According to Arsenault, Gekko compromises the cautionary tale about the “shallowness of Wall Street’s money worshipers”(23). Stone argues that when the incentives for evil behavior are appealing, the acts are less immoral (84). Thus, by portraying Gekko and his life in such a compelling way, Oliver Stone allowed for Wall Street’s villain to become a cult hero, thereby undermining his film’s initial
I got curious comparing two versions of Miracle on 34th Street, about how the 1994 version of the movie handles the issue, so the other night my husband and I watched it. Actually, we watched it over two nights because we didn’t want to stay up too late, but that is beside the point. The point is I took three pages of notes about the difference between the two movies and wanted to write them up here. I liked the old version much, much better than the new one. They still had Kris Kringle hit someone with a cane.
This article talks about the film, "Scarface" directed by Brian De Palma in 1983. It surrounds the life of Antonio Montana who is basically a drug lord, and how he earned respect, power, and money through selling illegal goods while being an immigrant in the USA. Since, the article used Venkatesh's corporation theory on the social organization on street gangs, the film "Scarface" was the ideal film to represent Vankastesh's theory. Venkatesh's theory showed how the street gang began to involve in selling drugs, and using their economic expansion to become part of the community. Street gangs exist because of the lack of family structure, legitimate economies, and cultural awareness.
Also if the Uncle from “Homecoming” wasn’t wealthy and had similar wealth to the workmen and maids, they would have been eating inside the country house among the families and friends of the uncle. This shows the power of money, and how it affects a certain
The depiction of the characters in this play is vivid and plentiful, especially in the central figure-Jeffery Skilling. In the opening scene, at an office party, Jeffery Skilling explain the whole process of “mark to market,” in which future profits are treated as a tangible reality. It motivated by Skilling’s fury at business people who don’t understand an accounting system used by all the big Wall Street investment banks. He also introduced his groundbreaking idea that
Clint Eastwood’s films High Plains Drifter, The Outlaw Josie Wales, and Pale Rider all work together in order to create a stark portrayal and criticism of greed and its devastating consequences. Eastwood’s thoughtful and insightful commentary on greed can be tracked through each of these three films. Throughout the films, the concept of greed plays a recurring role, in which it is explored in a unique way. This is usually done from a fresh perspective that helps provide thoughtful insight into the impact that it has on the people who are consumed by it, as well as the individuals and society that it directly affects. Eastwood’s most striking commentary on greed can be found in High Plains Drifter, where he portrays the specter of the town’s former Marshall.
Scott Fitzgerald’s, The Great Gatsby presents itself as a warning that centres itself around the themes of the American dream and wealth and power in New York in the 1920s. Similarly, Alex Gibney’s 740 Park Avenue: Money, Power and the American Dream, also focuses on these themes but with the backdrop of modern America and the effects of the Global Financial Crisis. Together these two pieces of literary work challenge our views on modern society as a meritocracy that allows the fluid motion of people between wealth classes, particularly upward movement through this system. Instead, they argue that the pursuit of wealth is pointless in a society that is controlled by the 1% of the 1% and that this only leads to moral decay and a shallow materialistic society. Whilst we may not be in America, we also face the same issues here in Australia in a capitalist, meritocracy and must heed the warnings of F. Scott Fitzgerald and Alex Gibney or we too will be doomed to societal decay and moral
The Colossal Difference Within Long Island For centuries, money has been an ever-prominent force in the decisions and actions of humans. In the novel The Great Gatsby, F. Scott Fitzgerald illuminates the powerful effect of money in creating and changing people in the American society of the 1920’s. Long Island, split into two sections, the East egg, representing old aristocracy, and the West Egg of the newly rich, Fitzgerald depicts the constant struggle between social hierarchies to reach the ideal American dream. He represents the changing social frame between “old” and “new” money, their symbolic differences, and the morals of the citizens inhabiting each egg.
The carelessness that money creates allows those in power to bypass and disobey the laws because they believe their money will bail them out of trouble. Many wealthy people use their money as a reason to not take responsibility for their actions. Wealth causes the characters in The Great Gatsby to be out of touch with reality and the world beyond wealth. In F. Scott Fitzgerald's
“Short everything that guy has touched, I want half a billion more swaps”... ”I am going to try and find moral redemption at the roulette table” (The Big Short). He feels morally wrong for being a part of the debauchery but, he is also trying to do what benefits him which is make money and exact a little revenge on the corporations that target these unsuspecting people. Despite the financial gain he feels wrong for his part in the events but his actions show that he is doing what is morally good for him and the clients he represents and ends up making millions off these same people he is betting against.
The James Bond franchise is revered as one of the most iconic fictional pieces to date. I believe the franchise has been so successful over the last 60 years because it has the ability to immerse it’s audience with its distinctive brand. When people think of James Bond, they immediately highlight its themes of violence, hegemonic masculinity, and slew of troubled characters who involve themselves in organized crime to satisfy their greed. The novel enlists its characters with distinct personality, eluding to several complex connections to crime and social deviance.
Determined to rise to the top, Bud Fox, a junior stockbroker, has been working endlessly to make ends meet – from personal financial obligations, to proving to his father that he will surmount all of his struggles. Fox is influenced by Gordon Gekko, a wealthy Wall Street mogul, who he admires and envisions of becoming someday. Carl, Fox’s father, is a blue-collar aviation mechanic for Bluestar Airlines and president of Bluestar’s machinists’ union. Throughout the entire film, we observe how Gekko’s values are inconsistent with Carl’s values – that success is achieved through hard work, not venturing on the goods and services of others. Throughout Wall Street, all five ethical values of human communication are exemplified in the film.
The drive for money and profit and the complete disregard for the lives of many who may be affected by the pursuit of the dollar. Moore narrates, “Meanwhile, the more fortunate in Flint were holding their annual Great Gatsby party at the home
I really thought that this film was going to be about chess…and it is, but it really is not at times. Unfortunately, I felt like Toby Maguire’s acting truly sucked the air out of the room quite a bit. For me, it felt like he was himself, not the character. I had difficulty imagining him as Fischer. It felt like Toby having tantrums; Toby having paranoid delusions (though some of these scenes still made me cry; it is painful to watch, regardless);
Goldman was one of the biggest scandal of investment banks. He was the financial advisor for many companies. By the summer of 2007 Goldman started short-selling subprime mortgage-backed securities. So when the company went in debt because he fail to cancel the conflict of interest on mortgage investment he was betting against. This was the cause for economic crisis in 2008 the amount debt owe is $5.1 billion in order to settle the fraudulent marketing Wall Street Investment bank must pay $2.4 billion to authorities as well as making a payment to consumer relief for $875 million and 1.8 billion.
Gordon Gekko 's opinion on "greed" is that it is unsustainable because Wall Street 's "greedy" practices seek to gain wealth from debt without actually producing anything. 9. The symbolism of the motor bike race between Bretton and Jacob symbolises the race to the top and the extreme lengths people on Wall Street and in businesses all over the world are willing to go to in order to get there. Jacob was willing t knock Bretton off his bike in order to pass the broken tree stump first. This is a clear representation of what people are willing to do to others to benefit themselves to the full extent.