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The various traits that are in the film follow the story line that occurred from 2007 with the economic changes and associates this with the main ideologies of the economy and the government. The plot of the film is based on the financial meltdown that is a part of the current global crisis. The plot first looks at the financial crisis of 2008 and the outcomes which it caused, such as the loss of $20 trillion, loss of jobs, loss of homes and the eventual global collapse that was associated with this. The plot then moves into interviews and associations with the financial crisis to define what happened and occurred and how it became a major component of history. The attributes are incorporative of defining an industry that was always corrupt and rogue and which forced the financial meltdown. The main ideology that is given from the director is that the industry corruption led to a forced meltdown which could have been prevented otherwise. The setting is based on the interviews of those in the financial industry and is combined with the historical issues of the recent financial meltdown.
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"Inside Job" begins not on United States’ Wall Street but in Iceland, a nation whose complications produce to be the world's in small-scale version. Ferguson found the root of Ireland’s problems to be the privatization of the three largest banks directed into a borrowing spree that headed to disaster.
This is concerning the vivid exposure of the selfish deeds that business executives participated in, in an attempt to line their pockets with more cash and leaving those in vulnerable positions to fend for themselves without any form of security or safety net to fall back on in the event of a financial mishap.
Business has a big contribution to society and with it comes big responsibility as well. Milton Friedman (1970) of the New York Times Magazine stated that: ‘The primary and only responsibility of business is to use its resources and engage in activities designed to increase its profits so long as it stays within the rules of the game, which is to say, engages in open and free competition without deception and fraud.’ With this, comes the aim of this paper to present the definition and relationship of business and society to entrepreneurship, capitalism and profit making.
Some of the high ranked officials appointed by the presidents of US over the years have been big businessmen and have commendable contribution in the financial industry in the past. These high ranked officials are biased in serving the interests of the financial industry and sector of the economy that they have been attached with in the past.
The Inside Job The Inside Job is an American documentary directed by Charles Ferguson and produced by Charles Ferguson and Audrey Marrs. The documentary runs for 108 minutes and was released in 2010. Sony Pictures Classics was the company responsible for its distribution.
Inside Job is a film directed by Charles Ferguson that considers the financial crisis through a highly engaging five-part structure. A great number of filmmaking techniques are implemented throughout Inside Job to convey the film’s thematic concerns. The filmmakers implement images of pollution and industrialized zones to dynamically demonstrate the force of deregulation.
Laws such as the Sarbanes Oxley Act of 2002 were enacted in the USA to increase vigilance and reporting requirements, foster better corporate governance and reduce such instances of fraudulent activity. The movie ‘Inside Job’ (2010)