THE REALITY

A detailed Summary of THE REALITY


Wall Street (1987) and The Economy (chap. 8)

With the combination of chapter 8 (from Sociology for the 21st Century) and the movie Wall Street by Oliver Stone, we can begin to have a greater understanding of the United States economy. From the time we are born, we are raised to believe that the United States is a democracy. We are taught to believe everything is fair, right, and just for every American in the United States. We are also taught to believe that every American in the United States has the opportunity to receive a piece of the pie if they work hard. But in reality this is not the case; the system is geared to benefit the upper white class. Only the rich get richer and the poor get poorer. The unjust take advantage of the just in the United States. I believe the United States is divided into two systems: capitalism and socialism. Very large corporations (upper white collar workers) operate as a capitalist system while the working class (blue collar workers and lower white collar workers)


The opposite of Bud, his father is a respectable human being who has worked his entire adult life to make an honest living as a union representative for Blue Star airline. His attitude, principles and way of life are a representation of socialism. After meeting Gekko for the first time, he instinctively knew Gekko was dishonest, untrustworthy and a liar.

In conclusion, after reading chapter 8, previous chapters and analyzing the movie Wall Street, I have found it quite discouraging to know the truth of big business success (capitalism). Even though Oliver Stone is portraying how capitalism works at the stockbroker level. He is also portraying other aspects such as social mobility, intergeneration, ethics, and beliefs. I am sure there are others aspects that I have not listed portrayed in the file. If you think about it, we are raised and taught these beliefs by our parents and how children are taught these beliefs depends on the classification of their parents'. Maybe the reason there is low social mobility in int

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Approximate Word count = 694
Approximate Pages = 3 (250 words per page double spaced)

Category: Politics

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