The Wolf of Wall Street, directed by Martin Scorsese, takes the audience through the life of Jordan Belfort, showing the realities of crime, rampant corruption and fraud on Wall Street and the effects of it. He has everything and he knows it too. He didn’t have to convince the average person that they wanted to be rich. Belfort didn’t start out this way, he was just like the average person, barely making enough money to satisfy himself. He was always money hungry so he went to Wall Street, the financial capital of the world, to become a Wall Street stockbroker. Unfortunately, after Black Monday in 1987, he was fired from his job and forced to go to another brokerage firm on Long Island that focused primarily on penny stocks. After his huge …show more content…
Belfort constantly flaunts how much money he has to other characters in the film, including the FBI agents that visit him. Even during an infomercial, he states that being rich allows you to have access to everything you could ever want, including what could be considered a “perfect woman”. There was “no nobility in poverty” as Belfort said to his co-workers. Belfort’s mentality shared a lot of resemblance to Friedrich Nietzsche’s on the idea of the “will to power” and the “master morality”. The “will to power” can be referred to man’s ability to achieve, build and live to their fullest potential. In The Wolf of Wall Street, power would be in the hands of anyone that had the most money. Nietzsche believed that “life itself is essentially appropriation, injury, overpowering of what is alien and weaker; suppression, hardness, imposition of one’s own forms, incorporation and at least, at its mildest, exploitation” (Nietzsche, 224). This in itself leads to the idea of the “master morality” which was considered the noblest and favorable idea to adopt. If you had the master morality it meant that you could have anything; Belfort was just that. Anyone with the “slave morality” was seen as ones to be ruled over; investors in the film would be the ones with the slave morality, with suspicion and pessimism towards their fellow man. And because of the exploitation, the FBI steps in to take care of the investors and successfully arrest Jordan Belfort, who Nietzsche would consider a noble man for living his life to the
Many individuals argue that Good Will Hunting is one of the most sociologically diverse movies out there. The amount of references that can be drawn back to concepts studied in sociology is incredible. Good Will hunting is about a 20-year-old, rambunctious male, Will, that tends to stick himself in positions that are not suitable for him. Wills tendency to get himself into trouble attributes to him ending up living on the south side of Boston as a janitor at MIT. His life suddenly takes a positive turn when will reveals his gift for others to see. A math professor posts a mathematical equation on a board outside of his room that had previously been unsolvable by a student in his class. That following day while will was cleaning the hallway
The movie Crash is a drama film that shows you several life experiences of different people living in Los Angeles. All the characters in the film are somehow inter-related to one another. A police detective who mother is strung out on drugs and has a brother who likes to kill, two car thieves, a white district attorney, a racist cop, a black Hollywood director, a full Persian descent father, and a Hispanic locksmith are all the characters in the film.
Jordan Belfort is the notorious 1990’s stockbroker who saw himself earning fifty million dollars a year operating a penny stock boiler room from his Stratton Oakmont, Inc. brokerage firm. Corrupted by drugs, money, and sex he went from being an innocent twenty – two year old on the fringe of a new life to manipulating the system in his infamous “pump and dump” scheme. As a stock swindler, he would motivate his young brokers through insane presentations to rile them up as they defrauded investors with duplicitous stock sales. Toward the end of this debauchery tale he was convicted for securities fraud and money laundering for which he was sentenced to twenty – two months in prison as well as recompensing two – hundred million in
The movie takes place in the early 1990’s, when Jordan Belfort partners with Donny Azoff to start his brokerage firm, Stratford-Oakmont. After the introduction given by Jordan, we follow his life from the time that he is 22 years old when he had just started on wall street, all the way to the time of his arrest. Throughout the movie, you can see Jordan’s narcissistic personality aid him in his rise to the top and eventually lead to his fall.
How would you describe your inner mind? crazy? genius? They say that both are two sides of the same side. Through my experiences, I shape the world around me, developing a unique perspective from my worldview. When it comes to how I perceive reality I just summarize it in these six concepts: culture, meaning, self, self-fulfilling prophecy, and scripts, and self-serving bias. My culture defines me down to my very genetic core. It explains why I drive the way I do, how I talk, what is socially acceptable, why I react to things the way I do , why I attend LIU, etc.
Which of the following groups have the highest incidence of use and abuse of alcohol?
In 1998 Jordan Belfort was indicted with 27 counts of International Securities Fraud and Money laundering. After cooperating with the FBI, in 2003 Belfort was sentenced to four years in prison and fined and ordered to back approximately $110 million that he had defrauded from investors. He served 22 months in federal prison and was ordered to pay investors 50% of his income until $110.4 million was collected (Kolhatkar, 2013). According to federal prosecutors, Belfort has not kept up his part to fulfill the terms of his agreement. After his release in April 2006 Belfort’s income has consisted of $1,767,203
In our Sociology class we watched a movie about the very evident and very debatable aspects of a mental institute. Everything that is shown throughout this movie can be compared to a jailhouse in every way. This movie called “One Flew Over The Cuckoo's Nest” clearly demonstrated the four elements of total institution. With the different characters presented throughout this movie they all showed different stages and forms of this term, but as the movie developed so did they. The first step is status hierarchy which is once you get there you realize who is in charge and who are the ones being controlled within the inmates, and through the staff.
Despite his low IQ, Forrest Gump leads a truly charmed life, taking part in many of the most memorable events in his lifetime. Without trying, Forrest teaches Elvis Presley to dance, becomes a football star, meets John F. Kennedy, serves with honor in Vietnam, meets Lyndon Johnson, speaks at an anti-war rally at the Washington Monument, hangs out with the Yippies, defeats the Chinese national team in table tennis, meets Richard Nixon, discovers the break-in at the Watergate, opens a profitable shrimping business, becomes an original investor in Apple Computers, and decides to run back and forth across the country for several years. Meanwhile, as his life goes by, Forrest never forgets about Jenny, the girl he loved since a
It is through his narrations that the audience is shown the extent at which Belfort revels in his own excessive debauchery. Towards the beginning of the film Belfort asserts that “money doesn’t just buy you a better life, better food, better cars, better pussy, it also makes you a better person. You can give generously to the church or political party of your choice. You can save the fucking spotted owls if you want. I always wanted to be rich”(Scorsese 4:20). Belfort’s primary drive is to have more material things in his possession, and this includes his wife and his children, because he believes that it will make his life better and more fulfilling. But despite all of his debauchery, lies, and manipulation that he executes in order to acquire more things, Jordan Belfort ultimately goes unpunished. Sure, he spends a brief period of time in jail, but he ultimately never feels any psychological remorse for his actions, in fact, in the last scene of the movie, he is teaching a gathering of willing pupils how to become an amazing salesman like him(Scorsese 2:51:37). As one writer comments, “he makes no efforts to explain or justify his actions. On the contrary, he trusts that, vicariously at least, we are glad to participate in the deception and debauchery. ‘I want them to live like me,’ he says of his savages, and for three hours, that includes us”(Rollert).
Jordan Belfort, a multi-million dollar scam artist who travelled the road to riches. While travelling this journey, he established many relationships that helped him reach such destination. The memoir The Wolf of Wall Street portrays the relationships and influences people had on Jordan and vice versa. The three biggest influences that Jordan encountered were Mark Hanna, Danny Porush and Nadine Belfort.
In the wake of the recent financial crisis, many commentators attempted to analyze the roots of the conflict from a political or economic perspective. Anthropologist Karen Ho, a veteran of Wall Street as well as an academic, attempted to understand the reason that Wall Street behaves the way it does in her 2009 anthropological study of American finance entitled Liquidated: An ethnography of Wall Street from a cultural perspective. The central paradox with which Ho begins her book is: " the economy experienced not only record corporate profits and the longest rising stock market ever, but also record downsizings," further concentrating the wealth in America (Ho 2009: 1-2). But how can corporations grow richer as the American public as a whole grows poorer? Corporations no longer view themselves as responsible for taking care of their employees, creating good products, or serving their original mission. Instead, the focus is on generating shareholder wealth (Ho 2009:3). Shareholders, not the larger public, have become the symbolic and real focus of firm strategy. The shareholder "symbolized and 'stood in' for the whole of the corporation and became the sole locus of concern and analysis" during the time Ho conducted her study in the late 1990s and continues to this day (Ho 2009:175)
As in other crime movies such as Scarface, The Wolf of Wall Street shows the extreme trajectory of Belfort’s rise and fall. He came from simpler beginnings, with what seemed to be a simple house and wife named Teresa. After becoming hooked on the Wall Street lifestyle from working at L.F. Rothschild, he begins his adventure to the top of the financial market. The pinnacle occurs with him on a yacht, partying with all of his companions. For Belfort, money is the ultimate drug, driving him to his ambition for success, and leading to his downfall. In one of his many speeches to his coworkers he told them to that “there 's no nobility in poverty. I 've been a poor man, and I 've been a rich man. And I choose rich every fucking time.” He values money above all else, and will bend and break every rule to achieve greater wealth. He even openly answers the
The movie The Wolf of Wall Street, is based on a true story about the life of a man named Jordan Belfort. In the beginning of the movie, Belfort is a hardworking straightedged guy working on wall street in the stock market business, but over the course of a few years, his life and personality changes drastically. When he moves on to form his own investment firm, he begins to use different types of fraud and insider trading to make exorbitant amounts of money for himself. Belfort and his friends that he started the company with turn to drugs and wildly partying to go along with their fraud and live a wild lifestyle. However, their partying and drug use eventually catches up to them when they get investigated by the SEC and FBI, and
Wall Street is widely regarded as one of the most famous streets in all of New York City, as it plays host to the longstanding New York Stock Exchange. While everyone knows that these days it features the latest and greatest stockbrokers, it wasn’t always that way. Wall Street has a lengthy history, all of which emerged from very humble beginnings back in 1792. The following takes a look at Wall Street and details what has made it the stock market force that it is today.