Review: The Big Short – Is it wrong to profit from misfortune you’re powerless to prevent?

Featuring Steve Carrell as Angry Guy and Ryan Gosling as Slick Dude.

Featuring Steve Carrell as Angry Guy and Ryan Gosling as Slick Dude.

 

The Big Short probably shouldn’t exist as a movie. As an explanation of exactly how and why the financial meltdown of 2008 happened, it’s fascinating, and does a reasonable job laying out the series of events. But if you’ve read enough news articles, or listened to some of the great podcasts from This American Life or Planet Money since these events unfolded, it’s not really offering a lot of new info. As a story about a few specific finance guys who saw it coming and took action, it’s compelling, but also packed to the gills with journalism and outright explaining disguised as drama, just to allow the audience to follow along.

What results feels like a mix between a Michael Moore movie (specific agenda and point of view, humorous fourth-wall-breaking style) and the most star-studded, entertaining dramatization to escape the confines of what could have otherwise been a talking-head documentary. Its script makes it fun while its facts make it depressing; it has a stylish tone and voice I enjoyed, but comes off as schizophrenic in what type of movie it wants to be.

But that’s the film as an experience. Strangely, the movie seems only glancingly concerned with the moral questions involved. It clearly takes the stance of “The Big Banks are Evil,” which pretty much every non-rich person agrees with going in. The handful of traders and fund managers who saw the signs early enough to profit from it serve as our gateway into the story, a useful device for all the explaining the film has to do as they figure it all out. But while the movie also paints these people as our “heroes” — we follow their actions, we root for them to succeed — it pays only lip service to the fact that their success comes on the backs of millions of people losing their homes or jobs, and the entire globe suffering a huge financial disaster. There’s a lot of glee at them pulling it all off, only a couple quiet moments of realization at the implications. It’s so interested in using these characters to make a bigger point about “the system”, it brushes the possibly-more-nuanced character question under the rug in the process.

So.

 

If you know something terrible is going to happen, affecting millions of people, but stopping it is out of your control, is it wrong to take action to personally profit from that tragedy?

 

How would you feel about doing it?
Should it be legal or should the system be changed to prevent it?
Is it better that someone benefit than no one?
Would you feel obligated to use that profit for good?

Why do we admire mobsters but not modern-day criminals like Wall Street bankers?

Or ignore this post and try a truly controversial  topic: Is Scorsese overrated?

Or ignore this post and try a truly controversial topic: Is Scorsese overrated? (Yes, I know I’m asking this in the caption to a shot from Coppola.)

 

The Godfather and Goodfellas are classic guy movies. We quote them we reference them, their influence is undeniable (even though the latter is a bit over-rated; that’s right, I said it). The Sopranos changed television. Though we know the characters are criminals, we find an admirable dignity in their way of life, we excuse their actions because we’re seduced by their brazen individuality.

When The Wolf of Wall Street appeared in 2013, Scorsese told a story similar to that of Goodfellas, only set in a different kind of criminal enterprise. The same rise to power, the same brotherhood of exploitation and excess, the same kinds of mistakes leading to the same ultimate downfall (though in both cases, a sort of escape from true justice). And yet, Wolf made me viscerally angry. Despite any praise for craft, I sort of hated it, walking out that day. And it always bothered me a little that I couldn’t quite explain why I felt so disgusted by the Wall Street version of this story but entertained by the Mafia one.

Then I read Maria Konnikova’s piece in The New Yorker that basically spelled it out for me (though this excerpt only touches on the larger reasoning).

[P]sychological distance doesn’t require time. Under the right conditions, it can flourish in the moment. The psychological distance provided by “otherness” mimics the distance provided by time. It’s not a phenomenon unique to the mafia. It’s easy to glamorize warfare when there is no draft, or to idealize anyone whose life style seems risky and edgy without putting you, personally, at risk—spies and secret agents, rebels without a cause, the beatniks of Jack Kerouac’s “On The Road.” As long as there isn’t an easy-to-recall, factual reminder that brings us down out of the clouds of romanticism, we can glamorize at will. The lives of serial killers offer those concrete reminders: they lurk in neighborhoods like ours, threatening people who could be us. The mob is more abstract: it’s a shadowy, vague “organization” whose illicit dealings don’t really impinge on us. Abstraction lends itself to psychological distance; specificity kills it.

We grant mobsters dignity because we enjoy contemplating the general principles by which they are supposed to have lived: omertà, standing up to unfair authority, protecting your own.

Mobsters are far enough removed from most of our realities that we can see them as fictional, as other, and not feel personally offended, harmed, or threatened by them. Bankers, on the other hand, very recently did direct harm to most of the country. They’re too real to admire; or at least, they should be if you’re any sort of moral person.

What qualities are admirable in mobsters? Are there any that would actually apply to your life, or do they only serve as an escapist fantasy?

 

Do any of those apply to the popular idea of bankers as portrayed in culture? Are they actually that different, or as this article suggests, just degrees of separation from our actual realities?

 

If you had to be one, which would you want to be? Or rather, which would be the most fun on the one hand, but which would be the most practical life decision? How would you feel once you’d gone down that path?

Review: Battle Royale – What’s your winner-take-all survival strategy?

May the odds... oh wait, wrong movie.

May the odds… oh wait, wrong movie.

 

Recently I revisited the classic (and influential; looking at you, Hunger Games) film Battle Royale, about a near-future Japan where every year a class of students is shipped off to an island to battle to the death. Though it doesn’t delve into some of the class issues that makes the later Hunger Games so provocative and interesting, it’s still a must-see film. In fact, I love how Royale deals with dissatisfaction on both sides in a very Japanese way. The adults see ungrateful, unruly teens and feel like they need to be taught a lesson (which one could say about today’s entitled youth), but how can you not also sympathize with teens growing up into a world lacking in opportunity? It’s a fascinating exaggeration of reality where kids are forced into a cutthroat system against their will, and how they deal with that by trying to find rebellious ways out, whether suicide, bucking the system, or just finding their own way together despite the ‘rules’ that they’re supposed to play by.

But at the end of the day how can we not focus on the amazing hypothetical scenario the film (and its successor) proposes:

 

If you were in a Battle Royale/Hunger Games scenario, what do you do when you’re forced to kill or be killed? Make allies? Go fully aggressive homicidal? Play nice to get close, then betray those who trust you? Or opt out and kill yourself before they can do it to you, in some final act of defiance?

 

review: The End of the Tour – if fame won’t make us happy, why bother?

What could be better than smoking and chatting in a diner with a brilliant author?

What could be better than smoking and chatting in a diner with a brilliant author?

 

Reading David Foster Wallace tends to be a transformative experience, the way a lot of his fans describe it. Myself included. As if someone more deeply thoughtful than yourself is reaching into your brain and rewiring it as you read, reconfiguring your thought process in order for you to be able keep up with his. You feel smarter while reading him, like you’re experiencing what it’s like to engage that intensely with big ideas. It’s a gift he has, not just writing cleverly or stylishly or densely (which he does), but doing all that in a way that is both incisive and powerful but generous to the reader. And it’s hard for anyone who’s ever written or tried to communicate their own big ideas not to be be jealous of that kind of talent and intellect.

The End of the Tour, the film that depicts journalist/writer David Lipsky’s days shadowing the man who could be this generation’s brightest new writer, tackles a lot of ‘big idea’-type subjects. Both directly, in the conversations the two characters have over their travels (and this film is almost exclusively two guys talking; about celebrity, ambition, authenticity, art, addiction, depression, junk food, etc), and indirectly, through the dynamic between them.

He’s a semi-established, aspiring-to-greatness talent still reaching for acclaim. Wallace has been crowned a genius in his own time, and is now left to deal with the weight of that. Wallace warns him that all that admiration “isn’t real”, admits that he isn’t capable of fully enjoying it. Being praised to such an extent doesn’t mean he’s arrived anywhere, or given him any sense of completion or satisfaction. Meanwhile Lipsky still feels awed in his presence, compelled to get inside his mind, to crack the code on what makes him such a singular talent. He wants to be near that brilliance. He can’t help but envy it.

After all the digressive conversations and empty calories, both are left seemingly unsatisfied. There’s a tangible sense of melancholy to the film, of no one having the answers, of a search without a solution. It’s beautiful, it’s energizing, but not without its harsh truths to face up to.

 

If achieving fame means being equally or possibly more miserable than you are now, is it worth the suffering to make your mark on the world, to be known and admired?

 

Is being happy and unknown the better goal, focusing on personal fulfillment instead of achieving greatness and renown?

 

If everyone chose happiness over greatness, what would we be giving up? Are tortured geniuses necessary for progress?

are all pixar movies primarily about career success?

Back to work, lazy emotions.

Back to work, lazy emotions.

 

An interesting thought on the through-line that ties together all the great Pixar films of the last couple decades, from The Awl:

The basic Pixar story is that of an individual seeking to establish, refine, or preserve their function as an instrument within a system of labor. The only way Pixar is able to conceptualize a protagonist is to assign them a job (or a conspicuous lack of one) and arrange the mechanisms of plot to ensure that they fulfill that job. This is why Joy can only accept Sadness once she comes to understand what it is she does.

Pixar’s debut film organized a scenario involving sentient toys as a narrative about two men fighting for the same job. In not one but two sequels, it revisited those same characters in a narrative about how bad retirement is, and how awful it is to be made redundant. In Monsters, Inc., it developed a parallel universe populated by monsters and powered by childrens’ screams to tell a story about a workplace duo striving to be the most efficient employees. Up is ultimately a film about how unthinkable it is to retire; even elderly widowers must find a new vocation. In film after film, Pixar presents narratives chiefly concerned with characters trying to be the best at what they do, or otherwise prove their usefulness.

Does this change how you think of your favorite Pixar films?

 

Is there another, better unifying theme to the Pixar catalogue?

 

Is this a good, healthy thing for kids’ movies to be saying, or a strange and troubling thing to be teaching them?