where the writers are
STONE TRIED TO DISS CAPITALISM, GLORIFIED IT INSTEAD
51R+YBNy5XL._AA160_.jpg

In 1987 OLIVER STONE again starred Charlie Sheen, this time as Bud Fox, along with Martin Sheen and Michael Douglas, in "Wall Street". Stone, like Coppola's "Patton", tapped into a part of America he really wanted to discredit, but instead glorified. Based on the go-go stock markets of the Reagan '80s, it is loosely based on inside arbitrageurs and junk bond kings like Ivan Boesky and Michael Milken. Fox/Sheen is an idealistic, ambitious young stockbroker, his father is his conscience, and Douglas as Gordon Gekko is pure tantalizing temptation. Fox must violate SEC laws and get inside information in order to do business with the "big elephant" Gekko. Gekko's star fades when a big deal-gone-bad has personal ramifications, and Fox turns a dime on him. The film is supposed to show that America is a greedy place that "produces nothing" in a "zero sum game" in which the rich only make money on the backs of the poor. Gekko's (Stone's) statements about economics are pure, unadulterated economic lies shown to be lies simply by?observing factual things. Where Stone may have had second thoughts was the reaction the film got. As the years went by, he and others were approached countless times by Young Republicans and Wall Street execs who told him the depiction of the exciting world of finance led them into that very career, which they thanked him for! Stone had hoped to create an egalitarian class. Instead, he created a decade full of Gordon Gekkos. They in turn fueled the dot-com boom. It was not unlike the Democrats who hoped to expose Oliver North and the Republicans in the Iran-Contra "scandal," only to discover that millions thought Ollie and his White House pals were doing God's work in fighting Communism.

Res ipsa loquiter.

 

Keywords: