Busfilm

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My books

  • Economics Of Federalism
  • The Rise of the Uncorporation
  • The Law Market (Amazon)
  • The Law Market (with O'Hara)
  • The Sarbanes-Oxley Debacle: What we've learned; how to fix it (with Butler)
  • The Corporation and the Constitution (1995)(with Butler)
  • Bromberg & Ribstein on LLPS
  • Ribstein & Letsou, Business Associations (4th ed. 2003)
  • Unincorporated Business Entities (4th edition, 2009)
  • Ribstein and Keatinge on Limited Liability Companies
  • Bromberg & Ribstein on Partnership

Blogroll

  • Adam Smith, Esq.
  • Brian Leiter's Law School Reports
  • Business Law Prof Blog
  • Cafe Hayek
  • Concurring Opinions
  • Conglomerate
  • Credit Slips
  • Deal Professor - Mergers, Acquisitions, Venture Capital, Hedge Funds -- DealBook - New York Times
  • Delaware Corporate and Commercial Litigation Blog
  • Empirical Legal Studies
  • Houston's Clear Thinkers
  • Into The Breach!
  • Marginal Revolution
  • Overlawyered
  • PointofLaw.com | Information and opinion on the U.S. litigation system
  • PrawfsBlawg
  • Professor Bainbridge
  • Sox First: Main Page - Business is the most important thing - and there SOX comes first.
  • The Becker-Posner Blog
  • The Journal of the Business Law Society
  • The Race to the Bottom
  • The Volokh Conspiracy - -
  • TRUTH ON THE MARKET
  • Wall Street Journal Law Blog

Films

  • Internet Movie Data Base
  • University of Illinois Cinema Studies Information Links
  • Picturing Justice
  • Rotten Tomatoes

My blog about ideas

  • Ideoblog

Archives

  • March 2004
  • January 2004
  • December 2003
  • October 2003

Art and Money in Movies

Here is a draft of the article I have written about how business is portrayed in film.
In general, films reflect the struggle between artists and capitalists. Filmmakers are not anti-business, but they like what they see as the creative side of business, not the constraints capitalists place on creativity. My first few posts list categories of films based on the article. More recent posts follow up on some points in the article, including those raised by visitors and by current events and films. I also devote some posts to specific films. Thanks to The Internet Movie Database for the links. By the way, that guy on the left is not me.

October 01, 2003 in Film | Permalink | Comments (27) | TrackBack (3)

The evil that business does.

Films showing business as destructive or evil

Erin Brockovich (2000)
Civil Action (2000)
The Insider (1999)
China Syndrome (1979)
Silkwood (1983)

October 01, 2003 in Film | Permalink | Comments (11) | TrackBack (0)

The cold-hearted capitalist

Money has no soul.

Dinner at Eight (1933)
This Gun for Hire (1942)
The Best Years of Our Lives (1946)
Force of Evil (1948)
I Walk Alone (1948)
The Wages of Fear (1953)
Executive Suite (1954)
Atlantic City (1980)
Aliens (1986)
Wall Street (1987)
Other People’s Money (1991)
The Hudsucker Proxy (1994)
Titanic (1997)
The Perfect Storm (2000)
Sabrina (1954).
The Tall T (1957)

October 01, 2003 in Film | Permalink | Comments (9) | TrackBack (0)

Employees and bosses

Films showing employees' struggle to preserve their souls.

Double Indemnity (1944)
The Big Clock (1948)
The Big Carnival (aka Ace in the Hole) (1951)
The Big Knife (1955)
The Man in the Gray Flannel Suit (1956)
Patterns (1956)
The Apartment (1960)
Save the Tiger (1973)
Glengarry Glen Ross (1993)
Disclosure (1994)
The Insider (1999)
Quiz Show (1994).
Boiler Room (2000)
Office Space (1999).

October 01, 2003 in Film | Permalink | Comments (9) | TrackBack (0)

Shareholders vs. managers

Is capital the enemy?

Solid Gold Cadillac (1956)
Wall Street (1987)
The Hudsucker Proxy (1994)

October 01, 2003 in Film | Permalink | Comments (4) | TrackBack (0)

The good business

According to Hollywood, some business is actually good. The characteristics of the good firm, like those of bad firms, suggest filmmakers' preference for art over money. In these firms, capital takes a back seat to, or lives in harmony with, workers or artists.

Mr. Deeds Goes to Town (1936)
It's a Wonderful Life (1946)
The Bad and the Beautiful (1952)
Executive Suite
Charley Varrick (1973)
Heaven Can Wait (1978)
Tucker: The Man and His Dream (1988)
Do the Right Thing (1989)
You’ve Got Mail (1998)
Cast Away (2000)
Jerry Maguire (1996)


October 02, 2003 in Film | Permalink | Comments (3) | TrackBack (1)

The bad artist.

Films' view of artists depends on whether they are selling out to the capitalists.

Sullivan's Travels (1941)
Sunset Blvd. (1950)
Ace in the Hole (1951)
All the President's Men (1976)
Year of Living Dangerously (1982)
Pale Rider (1985)
Eight Men Out (1988)
Barton Fink (1991)
Big Night (1996)
Shakespeare in Love (1998)
The Insider (1999)
Any Given Sunday (1999)
The Replacements (2000)
Quiz Show
Fistful of Dollars (1964)
For a Few Dollars More (1965)
The Good, the Bad and the Ugly (1966)
Seven Samurai (1954)
The Player (1992)

October 02, 2003 in Film | Permalink | Comments (1) | TrackBack (0)

Some questions about business in films

Here are some of the top questions I've gotten from visitors and readers in the couple of months since I first posted my blog and article. I've attempted to respond to all of these points in my article, but I'm sure many will have their own ideas:

1. Are filmmakers really different from other artists? Artists in general might be expected to rebel at the constraints on their creative spirit imposed by markets in general, and capital markets in particular.

2. Are big-budget films likely to be more, or less, anti-capital than smaller, independent films?

3. Has films' attitude toward business changed over time? For example, are films less anti-business now than they use to be as big films increasingly are made by large conglomerates?

December 13, 2003 in Film | Permalink | Comments (1) | TrackBack (0)

How do current films deal with business?

My article and blog range through movie history, in no particular order. I tend not to see movies until they appear on DVD or cable. This means that I'm lagging the most recent trends. What do you, my visitors, think about the current crop of holiday movies? I don't see an obvious trend, except that business doesn't seem to play a very large role. But possibly there are some less obvious examples. For example, Matrix Revolutions (and, for that matter, the whole Matrix series) would seem to be a comment on increasing "corporate" control of our consciousness. What do you think?

December 13, 2003 in Film | Permalink | Comments (2) | TrackBack (0)

Forbes survey

Forbes’ story on “The Ten Greatest Business Movies” and related stories on Forbes.com, says a lot about films’ attitude toward business. The top ten were: Citizen Kane, The Godfather: Part II, It's a WonderfulLife, The Godfather, Network, The Insider, Glengarry Glen Ross, Wall Street, Tin Men, Modern Times. I discuss these films in the latest version of my article.

This film list provides new fodder for my theory. My thesis, again, is that, while films usually portray business in a bad light, they do not really say that business is bad. After all, the films most of us see are produced by big businesses.

More precisely, films are made by people working in these businesses. Filmmakers see themselves as artists, the latest in a long line from cave painters through Michelangelo. Yet, unlike many artists, filmmakers’ art is so costly that films cannot get made without lots of money. Filmmakers must get this money from capitalists, who, in turn, must sell tickets. Because film artists resent their shackles, they often show struggling workers, greedy capitalists, and heroic artists. “Good” businesses are those where the artistic types have the upper hand, and bad businesses are those where the artists have lost.

In other words, films see firms from the cramped perspective of the assembly line or the cubicle. From way out in Hollywood, firms often seem like beehives or rabbit warrens, unfit for human habitation. We don’t see what businesses actually do – create social wealth and meaningful jobs, and provide means for all of our ends, from writing articles to. . . making movies. In fact, businesses couldn’t succeed in the long run if they ignored the needs of their workers and customers.

A companion Forbes article discussing the making of a television movie about Enron suggests that the medium is the message. In other words, films have to approach business as they do to make money. For example, the audience identifies most easily with the underdog, so the Forbes articles says that the Enron movie will tell the story from the perspective of a young worker fresh out of business school – “a rat’s eye view of the Titanic.”

But this can’t be the whole story. Film is a remarkably flexible medium that can tell any story – from the lowly assembly line worker in Modern Times to the rich and powerful Charles Foster Kane. If it can describe the intricacies of the mob customs and practices in the Godfather and many other movies, it can describe the intricacies of doing business. Indeed, many films do this, from salesmen in Glengarry Glen Ross and Tin Men, to currency trading in Rogue Trader and securities trading in Wall Street and Boiler Room. Even the package delivery business had its day in Cast Away.

True, it helps to move things along if people are getting killed, but that isn’t essential to a great and popular movie. Of the Forbes top ten business movies, killings are featured only in the two Godfather films. If you want drama, it doesn’t have to be worker vs. boss – it could be a businessman building a business from scratch as in Citizen Kane.

Back to the top ten list and what it reveals. Two deal with the artist’s role as social conscience. In Network, an anchorman breaks out of the capitalist straightjacket the network has him in, while in The Insider the CBS people do not always act so courageously. Six of the ten films deal with oppressed or morally challenged workers – the two just discussed plus Modern Times, Tin Men, Glengarry Glen Ross, and Wall Street.

Although Citizen Kane and the Godfather movies might be seen as the rare films that show what it takes to build a business, they don’t paint a pretty picture. The ingredients don’t include insight and creativity, and the result isn’t a better society. Kane inherits his money and his first newspaper. He builds his fame and greater wealth on dubious yellow journalism, along the way acquiring megalomania, and losing all of his friends. The oppressed worker in his firm, his long-time friend played by Joseph Cotton, gets to make a last stand against his boss by panning Kane’s girlfriend’s opera debut.

In the Godfather movies the formula for success includes murder and, in the case of the family’s brush with the film business, the severed head of a race horse. Most notably, in a move echoed more recently by The Sopranos, these films suggest important parallels between the Corleones’ businesses and the legitimate business they hope to be, except that the mob “firms” are more family-friendly, principled and exciting places to work.

Only It’s a Wonderful Life holds out some real hope for business on screen. Made by Frank Capra, one of Hollywood’s rare Republicans, Wonderful Life is about a socially responsible bank executive who does good for society. But Stewart is good not necessarily as a businessman, but as a person who happens to be a businessman.

Films’ treatment of business has significant social implications. Movies are very influential. They might explain why people are so ready to accept more business regulation whenever anything goes wrong, despite the fact that we know that legislators and regulators are also flawed. After decades of business-unfriendly movies, we assume that business cannot be trusted.

To provide a mechanism for thinking about these issues, I propose an alternative to the Forbes poll – a poll of the most, and least, business friendly movies. FWIW, my nominee for the most business-friendly movie is Other People’s Money. For the least, Glengarry Glen Ross.

December 20, 2003 in Film | Permalink | Comments (8) | TrackBack (2)

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