From The Full Monty to The Matrix, films have a lot to say on economics. Mary Poppins teaches us that banking is about confidence, and Some Like it Hot lays bare the trouble with capitalism
Wall Street (1987): beware the corporate raiders
Co-written and directed by Oliver Stone, and starring Michael Douglas, Wall Street documents the rise of modern "shareholder capitalism". From the 1930s to the 70s, "managerial capitalism" (ie capitalism managed by professional managers with little influence from shareholders), had prevailed in the advanced economies. However, by the 80s, floating shareholders driven by short-term financial gains started to get the upper hand.
Co-written and directed by Oliver Stone, and starring Michael Douglas, Wall Street documents the rise of modern "shareholder capitalism". From the 1930s to the 70s, "managerial capitalism" (ie capitalism managed by professional managers with little influence from shareholders), had prevailed in the advanced economies. However, by the 80s, floating shareholders driven by short-term financial gains started to get the upper hand.