Dumb Money (2023)
Directed by Craig Gillespie
Written by Lauren Schuker Blum, Rebecca Angelo
Starring Paul Dano, Shailene Woodley, Pete Davidson, Seth Rogen, Nick Offerman, Sebastian Stan
Release Date September 22nd, 2023
Published September 22nd, 2023
Dumb Money feels like an unearned victory lap for the proletariat. The story of a group of independent investors, led by a Redditor nicknamed Roaring Kitty, upending the Wall Street system by investing in, of all things, Game Stop, a video game retailer run so poorly that it's an absolute wonder how they lasted as long as they did. By finding a blindspot in the arrogance of a Wall Street hedge fund practice, Roaring Kitty, aka Keith Gill (Paul Dano), made millions and drove one billionaire hedge fund out of business, though realistically, only took Gabe Plotkin (Seth Rogen) from a being a billionaire to being a multi-multi-multi-millionaire.
It's impossible for me not to be cynical about anything related to Wall Street. In my lifetime I have watched Wall Street grow in strength and wealth all while paying off regulators and lawmakers to prop them up to the point where billions of dollars have flowed from everyday Americans into the hands of Wall Street hustlers just to keep those billionaires from crashing the country into a depression so they can keep buying needless numbers of houses, cars and consumer items that add nothing to the everyday economy.
Not since the age of Marie Antoinette have we seen rich fat pigs rolling in the filth of their own wealth in public the way we do today. We've literally watched billionaires build themselves rockets to take vacations in space while people struggle to have money for food. Jeff Bezos asks us to stand up and cheer for him when he returned from what amounted to a day trip to space. Meanwhile, a mother somewhere in America was scraping pennies together to buy baby food. So excuse me if I don't' view one minor victory over the greedy pigs of Wall Street as good enough.
And, I'm sorry, that's all that the Game Stop thing was, a very brief victory of the proles over the privileged. All that the Game Stop thing did was provide other billionaires a cautionary tale. Now they know exactly what doors to close behind them to prevent this from ever happening again. I appreciate what Reddit did to game this system for a short time but there is only so much outsiders can do to fight this system. Game Stop provided the billionaires a road map to how to stay rich in the face of any kind of revolt within their own Wall Street system.
Find my full length review at Swamp.Media
