May 12, 2015

Hollywood's economic ignorance, part one: Old European ideas

Furious DRebel Blogger
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Hmmm, “Cashless Utopias”? I wonder which branded SF he will be taking on. :D
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commented 2015-05-15 17:39:54 -0400
Great series of posts.

One of the best Hollywood movies about economics was Moneyball. In this, you have a team which cannot compete financially against big-market clubs for talent and so had to devise methods of extracting value using means other than a large treasury. Statistics were used to identify true value of their assets and they constructed a team around those metrics.

It was very beautifully done, especially in explaining the fundamentals of the market and how to devise means to circumvent the traditional roles of cash money.

The best part was that there were no truly “bad guys”, and the protagonists were flawed but decent people, with market competition — not inherent personal evil — being the driver for change.
commented 2015-05-15 07:21:59 -0400
Good piece FD , It can’t be stated enough that the system of Capitalism we labor under is a corrupt form of statist cronyism – what the left rail against is NOT real free market capitalism but corporate-state oligopoly. There really are “big bad businessmen” in this system, politically connected carpet baggers who thrive in the captive markets they lobby their corrupt political patrons to create. Jut the same Hollywood Progs present a distorted surreal image of this corruption by showing the government as riding to the rescue of free enterprise (like cavalry) to right the wrongs of the evil mogul character – when the reality is more like Ayn Rand portrayed in Atlas shrugged (Government is often in league with the evil mogul). Mush like Obama’s Wall Street handouts.

I also like your idea of Euro-socialism incorporating the economic and class pecking order of Feudalism – German fascism and sovietism was very much modeled on Feudal values, right down to creating a new political aristocracy. This was a refreshing read.
commented 2015-05-13 09:38:26 -0400
Very interesting, Mr. Furious D. Can’t wait for part two and three.
commented 2015-05-13 07:36:32 -0400
Hmmm, “Cashless Utopias”? I wonder which branded SF he will be taking on. :D
commented 2015-05-13 04:19:41 -0400
Always get a kick out of the communist/socialist/marxist mentalities calling fascism “far right”.

Fascism is just another brand and position on the left. Nazi’s (national socialists) were fascists, right?
commented 2015-05-12 17:35:28 -0400
Great write-up. Very well said.