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Influence of economic globalization in international business
Summary of the movie Inside Job
Globalization and its impact on business strategies
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The film Inside Job directed by Charles Ferguson, grandstands the bare essential of how Wall Street cheated the American white-collar class and working poor out of billions of dollars before making an already difficult situation even worse and utilizing citizen dollars to safeguard themselves out. Inside Job includes hard-hitting interviews with a portion of the nation's most persuasive monetary figures and lawmakers to get to the base of the covetousness. Rather than truly explaining definitions or tossing in VIP cameos to guarantee you're focusing like The Big Short does, Inside Job treats you like the grown-up you are and educates you regarding what went ahead in secret on Wall Street before Ben Bernanke, and the Federal Reserve acted the …show more content…
Inside Job features hard-hitting interviews with some of the country’s most influential economic figures and politicians in hopes to get to the bottom of the greed. Instead of spelling out definitions or putting in celebrity cameos to ensure the audience is paying attention like The Big Short does. In relation to the course, the process of the market economy, the big banks making money and the events leading to the financial crisis, all can be described by capitalism. The term capitalism is defined as “an economic system in which trade, industry, and the means of production are controlled by private owners with the goal of making profits in a market economy” (Langille, 2017). The pros of capitalism are that it creates jobs, wealth, productive and innovation. The cons are that it fosters inequality, prone to crisis and creates alienation and conflict. In both films, the greediness of capitalism caused a financial crisis in America, low-class people and immigrants were blamed for failure of the housing market, many of the wall street executives were never tried for their crimes or bailed themselves out and it left millions of people unemployed and homeless. The banks, investors and executives turned their back on society to serve their own interest by making more profits by manipulating citizens in investing in mortgages that were said to be great, when they weren’t. In both films, the working conditions for those who had to make money during the crisis were not very good. Also, those who worked on Wall Street worked in high-intense and stressful environments causing health concerns like major headaches to many workers when they realized what they did made them lose so much money and their jobs. As key player for capitalism is globalization, the global
The movie Dope, written and directed by Rick Famuyiwa, follows the story of Malcolm through his senior year of high school in the Inglewood California. He lives in a poor neighborhood, with only his mom, yet he still strives for greatness. He has a couple of friends, and they all love 90’s hip hop culture. They try to do their best to stay out of trouble and away from bullies. Malcolm sees a girl he likes and ends up following her to a drug dealer’s birthday party. When the cops bust the birthday party, he unknowingly goes home with all the drugs and the gun that the drug dealer owns. This sets off a wild chain reaction, as he now has to sell these drugs to payoff the supplier, who happens to be the Harvard Alumni that Malcolm’s needs approval
Money makes the world go around so that people could either become rich or poor. The whole issue with businesses came up in the 18th-19th century and was created by two factions in US history, the Robber Barons and the Captains of Industry. These two are what made the way America’s economy it is today. The Robber Barons and the Captains of industry were both very similar but completely different with how they operated in the economic world. Robber Barons made wealth in a variety of ways but still maintained the sense of thieves from the way they attained their wealth and treated their people hence forth their name. The Robber Barons were considered a unlikable form of business because of the effect they had a negative effect on the community. The Robber Barons whole idea and purpose was to make money for themselves by means of which is immoral to society. Most of the money collected by Robber Barons were taken from the people and their community further proving that they had gained a lot if not most of their wealth from the people without giving back to their town. The Robber Barons would also have their workers working in extremely harsh conditions that were harmful to their health and mental state, only to be made worse by the wages they were getting paid. These businesses refused to see their workers as people; instead they saw their workers as parts of a machine that can always be replaced. This was partially the fault of 'Social Darwinism'. This meant that the most fit would succeed to become rich while others would not. This idea was created by Andrew Carnegie, a businessman of the steel industry, although the first intention was to make sure that government would stay out of the affairs of big businesses. Carnegie, a Capta...
Michael Moore’s film of Capitalism: A Love Story is an examination on how much of a financial impact that corporation has on the lives of Americans. Capitalism seems to emulate a love affair gone wrong, with lies, abuse and betrayal towards the American people. Moore moves the film from Middle America, to the halls of power in Washington, to the global financial epicenter in Manhattan in order to answer the question of what price do Americans pay for the affection of capitalism. There is irony in the title of this film because there is certainly nothing to love about capitalism when families have to pay the price with losing their jobs, their homes and their savings as a result of the risky investments that the rich and powerful have at their disposal. With more than 14,000 jobs being lost, residents being evicted from their homes and banks stealing away families’ savings, one must wonder if there is an upside to capitalism at all. True democracy is the biggest threat to corporate America because of the one person one vote system. In order for this to take place, the growing number of people would have to come together and expose capitalism for what it truly is, a corrupt and greedy system for the wealthy.
Sex, love, depression, guilt, trust, all are topics presented in this remarkably well written and performed drama. The Flick, a 2014 Pulitzer Prize winning drama by Annie Baker, serves to provide a social commentary which will leave the audience deep in thought well after the curtain closes. Emporia State Universities Production of this masterpiece was a masterpiece in itself, from the stunningly genuine portrayal of the characters of Avery and Rose, to the realism found within the set, every aspect of the production was superb.
In the documentary “Fed Up,” sugar is responsible for Americas rising obesity rate, which is happening even with the great stress that is set on exercise and portion control for those who are overweight. Fed Up is a film directed by Stephanie Soechtig, with Executive Producers Katie Couric and Laurie David. The filmmaker’s intent is mainly to inform people of the dangers of too much sugar, but it also talks about the fat’s in our diets and the food corporation shadiness. The filmmaker wants to educate the country on the effects of a poor diet and to open eyes to the obesity catastrophe in the United States. The main debate used is that sugar is the direct matter of obesity. Overall, I don’t believe the filmmaker’s debate was successful.
To begin, capitalism is the economic ideology that everything is primarily focused towards making profit through the production and distribution of a product. In the article “Capitalism: Where Do We Come From?” By Robert Heilbroner and Lester Thurow, they provide insight on how capitalism has changed over the years and the impact it now has in today’s society. “There were no factors of production before capitalism. Of course, human labour, nature’s gift of land and natural resources, and the artifacts of society have always existed. But labour, land, and capital were not commodities for sale” (Para,17). Capitalism has an impact in my life because in the 21st century children are taught in school skills that will benefit businesses, so that they can continue to make a profit through the production and distribution
When the topic of American economics arises, the infamous Robber Barons of the 19th Century often springs to mind. They are often glorified as "Captains of Industry" for their money making strategies and enterprising methods. Those who hold this view probably do not know the evils of the laissez-faire capitalism in which the Robber Barons believed and participated. They wanted an unrestricted system of economics so that they could amass as much money as they could to out do each other and control the power in society. They were not as glorious and generous as some people make them out to have been.
The Three Here’s for Cooking The romantic comedy, Today’s Special, expressed the worries of Indian parents becoming at ease. Also, expressed the struggles a parent faces in search of a better life, the passion and dedication going unnoticed in the work field, and the connection between friends, a lover, and family. However, the film centered its attention more on the development of Samir’s “cold” cooking within the Indian food, with the help of Akbar. In addition, the main actors in the film looked the part and associated with the main idea of the culture of an Indian family. For instance, Samir’s appearance showed he had drifted away from his family’s culture and developed a professional understanding and love for the cooking industry.
"Fed Up (Soechtig, 2014)." narrated by Katie Couric, focuses on the growing link between sugar consumption and the obesity epidemic. The film aggressively attacks the food industry, advertising, and the government who, it claims, all contribute to the U.S. sugar-dependent, obesity problem. The film sets out to prove the government, and food industry is knowingly causing an increase in the amount of obese children. It reserves its most critical comments for government advisory panels who make and enforce food and health policy, and its failure to properly regulate the food industry. They claim lobbyists for the sugar board have been instrumental in the removal of negative statistics from research papers worldwide. Instead
The subject of Inside Job is the global financial crisis of 2008. It features research and extensive interviews with financiers, politicians, journalists, and academics. The film follows a narrative that is split into five parts. The five parts discussed are The Foundation, Mortgage Boom, The Crisis, Accountability, Where are we now.
This movie starts off as Jordan Belfort, the main character in the movie, losing his job as a stockbroker in Wall Street. After losing his job, he goes and gets a job in a Long Island brokerage room. In the brokerage room, he sells penny stocks. Thanks to him being aggressive in his selling skills, he was able to make a profit. With the new income, he gives his wife a bracelet and she asked him why doesn’t he go after the people that can afford to lose money, not the middle-class people or lower income people. That is when he gets the idea to get a lot of young people and train them to become the best stock brokers.
The movie 'Wall Street' is a representation of poor morals and dissapointing business ethics in the popular world of business. This movie shows the negative effects that bad business morals can have on society. The two main characters are Bud Fox played by Charlie Sheen and Gordon Gekko played by Michael Douglas. Bud Fox is a young stockbroker who comes from an honest working-class family but on the other hand, Gordon Gekko is a millionaire who Bud admires and wants to be associated with. Greed seems to be a huge theme of this movie. This movie portrays the unethical society we live in. It shows how money oriented society has become and that people will do almost anything to get ahead. Competitiveness has become such a widespread game all over the country, especially in big cities.
It is known that corporations play a large part in making the world go around. Many times we read, hear or see stories on companies and why something was done a certain way. The film “The Corporation” has given a whole new insight to not only how businesses operate but what motivates them and their decisions that they make to keep their businesses thriving.
“The Hours” directed by Stephen Daldry intertwines three women of distinct time periods as one. Virginia Wolf of the 1920’s, Laura Brown from the 1950’s and Clarissa Vaughn of modern time. The movie alternates with rough regularity between these three main characters. The movie centers on the feminist perspective of the three main characters and their respective time periods in American society. Daldry achieves purpose through plot, symbolism, and motif in a way that draws the viewer in on prominent attitudes and perspectives of each character that reveal theme. Virginia Wolf writes her story, Laura Brown reflects on the events in the story, Clarrisa Vaughn lives the story in modern time. Daldry cleverly organized the movie into three distinct
A.I.: Artificial Intelligence is a Steven Spielberg science fiction drama film, which conveys the story of a younger generation robot, David, who yearns for his human mother’s love. David’s character stimulates the mind-body question. What is the connection between our “minds” and our bodies?