American culture has seen the rise of capitalism and consumerism, causing people to spend large sums of money to meet their daily needs. Capitalist societies are founded on the American ideal of happiness and liberty. But capitalism’s essence encourages manipulation, materialism, corruption and other forms of abuse (Street. 1987). Diverse stakeholders used different justifications in order to support the idea of capitalism. This removes institutional limitations and allows individuals to reach their full potential without any restrictions.
This video shows the flaws of capitalism and the American market. Gekko is obsessed with obtaining financial success and exemplifies corporate greed. Instead of using money to accomplish specific goals, Gekko obsesses over accumulating wealth for his own personal and professional advancement. Gekko seems obsessed with winning. This is evidenced by his obsession with getting more money and riches through unreliable methods. This film shows how many capitalist corporations and corporate executives are open to noncompliance, engaging in illegal acts for better health. This video shows how capitalist capitalism focuses too much attention on money and wealth, rather than the operations for customers (Kogan 2018,). When a company puts profits above solving a specific social issue, it is demonstrating its concern for margins and share prices. Film highlights the importance of the financial anomalies that can arise from financial competition.
Business ethics.
This film shows the corruption that is endemic in the majority institutions trying to dominate the capitalist markets. Wall Street argues that the methods are irrelevant. The end of any epic organization is what matters. Satisfaction is diminished by a fixation on wealth. Most epic companies aren’t concerned with financial returns, as their main focus is on success. Gekko’s obsession with winning is such that the concept of “enough,” is beyond comprehension. Fox questions Gekko about how much is sufficient, what he’d be happy with and how much he wants. Gekko doesn’t respond. This film tries to prove that capitalist markets are not interested in happiness or fulfillment, since there is a lot of emphasis on accumulation. Brand equity is more valuable for corporate executives when the firms they manage generate large profits.
This video shows its materialistic contradictions in capital and shows how it is viewed objectively through an analysis of current market activity in the United States. This is evident in today’s corporate environment, where institutions increase goods prices to generate huge profits and millions suffer from Covid-19. Gekko stands for greed and profit-driven business tactics. Most executives consider margin the best indicator of corporate viability. Management ensures that revenue, shareholder value, and margins are all high. The company will pay premiums to ensure that employees reach their financial goals, even if they are illegal. The film effectively illustrates how workers behave as collaborators in propagating the ideology of materialism (Dewi & Suastra, 2018). Bud suggests that Gekko conduct an espionage operation on another company in exchange for his excellent financial results. Bud convincing Gekko, in the movie’s opening scene, convinces Gekko to buy and build a blue star company by using the union saving concessions and underfunded savings. After buying the company. Gekko holds the interests and works with Wildman and other corporate executives to deceive Gekko, and another union leader, leading to them being imprisoned.