The ‘Big Short’ – A Must See Film

Every so often an exceptional film comes out of the Hollywood dream factory, which rises above the usual dross of dumb and crude teen movies, all-action revenge films with attendant car chases or rom/coms, most of which are too stereotypical of their genre.

The ‘Big Short’ does something different. Instead of the director becoming side-tracked with too much character development and lengthy back-stories it presents the insanity of capitalism as the centre of the drama; a compelling set of arguments that dramatically examines the essence of the 2007/8 world-wide financial crash. The characters are certainly interesting in the unfolding narrative, but it is the insanity of free-market economics that holds our attention.

Director Andy McKay has adapted Michael Lewis’s non-fiction book ‘The Big Short: Inside the Doomsday Machine’. McKay has achieved the blackest of black comedies. Christian Bale gives a stunning performance as Michael Burry, who is obsessed with crunching numbers. He and Mark Baum, a hedge fund manager played by Steve Carell, become convinced of the imminent financial crash.

Burry realises that creating credit default swaps will allow him to ‘short’ the housing market. They understand numbers more than people. Their bosses and wider community of traders and assorted financial lowlifes are convinced of the infallibility of money markets. The crash proved that these very same people did not really understand what they were doing; they merely did as they were told, dealing in collaterized debt obligations (CDOs), without understanding the havoc this would cause.

The end of the film presents the audience with chilling information. It raises some interesting questions about capitalism, not least the fact that amidst crashes there will always be individuals who will make money. It is only we the audience who can provide the answers; if we don’t we are condemned to repeat the past.

The Workers’ Party Twitter Feed

GMB express concern over jobs of 146,000 staff; as Walmart sell Asda to billionaire Issa brothers & a private equity company. Asda is priced at £6.8 billion, Walmart will still hold a minority stake; £4b is to be borrowed.
https://www.theguardian.com/business/2020/oct/02/asda-sold-to-billionaire-issa-brothers

Liberals & many on the 'left' exaggerate differences between Trump & Biden; click to see what would make a real difference.
There is no effective “freedom” in a society in which working people live in poverty & billionaires live like parasites.
https://m.facebook.com/story.php?story_fbid=10221826359541925&id=1045558919&sfnsn=scwspmo

Biden opposed moves to rebuild Afghanistan, advising a policy of fighting terrorism in the country. He also opposed withdrawal of US troops, which Trump carried out.
https://tolonews.com/afghanistan/biden’s-comments-rile-afghans-internationals

Arfasprout@arfasprout

@theworkerorguk Which international conflicts has biden spoken more violently than trump on? Evidence please.

Biden's regime will hold on to enclaves in the North East and work alongside Turkish invaders, continuing sanctions against the Syrian government. In general, Biden wants US global leadership, which he sees as being diminished by Trump's inconsistencies.
https://www.atlanticcouncil.org/blogs/menasource/limited-and-constrained-the-biden-administration-and-the-prospects-of-a-syria-policy/

Arfasprout@arfasprout

@theworkerorguk Which international conflicts has biden spoken more violently than trump on? Evidence please.

Biden intends to have tighter sanctions on DPRK, and to have stricter preconditions with respect to engaging on talks. The Democrat's president also intends to strengthen an alliance against North Korea. https://www.reuters.com/article/us-usa-election-biden-northkorea-analysi/biden-on-north-korea-fewer-summits-tighter-sanctions-same-standoff-idUSKBN25G2QO

Arfasprout@arfasprout

@theworkerorguk Which international conflicts has biden spoken more violently than trump on? Evidence please.

Load More...


All text on this site is copyright The Workers' Party of Britain. Established 2006