Dec 20, 2013
"The Wolf of Wall Street" and "The Secret Life of Walter Mitty"
By Carl Kozlowski
If the Occupy Wall Street movement had any lasting impact, it was in embedding on the American public consciousness that there is a dangerous income inequality building in our society. The top 1 percent of our society are the new kings of our economy and by extension our entire way of living, and the other 99 percent of us are sliding into serfdom.
Two new movies – which both come out Christmas Day - offer distinctly different visions of this problem this week. Martin Scorsese’s “The Wolf of Wall Street” offers a shocking yet often funny and epic immersion into the debauched life of 1980s financial jetsetter Jordan Belfort, and “The Secret Life of Walter Mitty” offers writer-director Ben Stiller’s take on the classic James Thurber short story of a nearly anonymous office drone – easily a 99-percenter - who has to fantasize his ways through life just to make it tolerable.
An overwhelming and overstuffed display of debauchery and greed, “The Wolf of Wall Street” follows Belfort’s exploits over the course of four years as he rises from being a young newlywed with ethics to become an utterly craven manipulator of both people and the law. Belfort, played by Leonardo DiCaprio in fine fire-breathing form, is corrupted by his first boss (Matthew McConnaughey), who encourages him to drink a lot of alcohol and start using cocaine in order to be competitive with the insanely fast-paced lifestyles of his peers.
When that initial job shuts down due to corruption at the firm, Belfort takes a job selling penny stocks – largely worthless stocks that trade for a few pennies per share - and applies his high-end sales techniques to this under-the-radar financial racket. He soon is raking in a huge income, and leads his colleagues into rebranding themselves as a long-standing trading firm with a largely fictional history.