24 of 25 people found the following review helpful
Realistic and thought provoking,
This review is from: Other People's Money [VHS] (VHS Tape)Gregory Peck is an idealistic, passionate, and paternal entrepreneur who is about to lose a business that he and many who work for him put their lives and spirit into. Danny Davido is a corporate raider but not portrayed as a Gordon Gekko. His reason for taking over Peck's business is not so much slaughter than it is economics.
The crescendo to the movie comes in the two speeches before the company shareholders. The speeches punctuate what is more the reality in today's world. Corporate take-overs and liquidations are not simply a bunch of greedy business people enriching themselves at everyone else's expense. From an economic point of view New England Wire and Cable should be shut down. It's in a business that is outmoded by new technologies and its assets are worth more sold off for some other purpose. Rationally it makes no economic sense to continue such a business. The money from selling this failing business can be invested in a business that is viable and growing - this will help create new jobs and add growth to the economy. Of course the people that have worked at New England wire and cable will lose their jobs and Peck will lose his business.
What's refreshing about the movie is the writer didn't set up a straw man to argue either point view. Both sides present intelligent arguments from believable characters. The movie challenges us that what is rational is not always what feels good. An efficient and productive economy is one that has the ability to change, but there are costs - people get displaced.
Where the script fell short and where many in our society lose perspective is that while businesses may die out people are flexible. One's skills can be revamped and applied to more productive pursuits. Instead, however, the scriptwriters concoct a not so believable happy ending. Still, though Other People's Money is probably one of the most honest movies to come out of Hollywood on the topic of capitalism.