Molly's Game is well written, well acted, well directed, and is entertaining while still taking the subject matter seriously. It's mostly told in the first person, like Wolf of Wall Street, involves real people and real events, though Molly is more sympathetic than Jordan Belfort, because Molly's actions don't adversely effect anyone. "Give them nothing! But take from them everything!" posted one Reddit user, quoting a line from 300 to rally the troops into battle.The Big Short was already mentioned, so I'll throw Molly's Game at you. With Reddit users still attempting to hold the line this week, even despite claims of short ladder attacks from Wall Street manipulating the markets in retaliation, there is a sense that this battle is personal, and not over yet. The fact that the owners of an app called Robinhood were the ones to refuse to take from the rich and give to the poor only made the whole thing more grimly apt for our criminally inequitable times. That a group of Redditors took it upon themselves to fight for a video game store and take down those profiting from its demise underscores the frustration with the wealthy in which people feel the super rich are directly stealing from them. The GameStop saga comes after a year in which Wall Street's profits soared amid huge job losses and growing financial insecurity as a recession looms.
Yet watching it almost ten years later, the wealth divide having only continued to increase, it is harder still to feel any sympathy for the wealthy investors who Belfort cons money out of, even if he does come across a cartoonish, misogynistic villain in the process.
After all, the soft curves of supercars and bare breasts are the prizes which the money, often literally showering from above, make possible. The "eat the rich" message of Wolf of Wall Street is worn lightly. The ensuing meltdown of stock brokers was celebrated as a richly deserved bite back from people who have again and again watched Wall Street gain from manipulating the market and have seen little consequence.
But unlike the crew who ended up being played by Christian Bale, Ryan Gosling et al in a movie about their wild financial success, Melvin Capital ended up in need of a near $3M bailout because Reddit users rallied to drive up the share price. Just like the group who made billions from shorting the mortgage market, hedge fund Melvin Capital predicted the demise of dying bricks-and-mortar video game shop GameStop and positioned themselves accordingly. Perhaps the best film to demystify the tactics that Wall Street are furious about being turned against them is Adam McKay's The Big Short, which details how a group of investors bet against the mortgage market upon realising how unstable it was ahead of the 2008 crash. Wall Street bankers sipping champagne from a balcony, laughing at demonstrators in the street.
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