MCC-UE 1141 Lecture Notes - Lecture 8: Economy Of The United States, Mike Nichols, Adam Mckay
Document Summary
Week 8: the american economic system: making the world safe for capitalism. Home ownership is a symbol of the american dream. Capitalism: private capital or wealth is used for the production or distribution and prices are determined mainly in a free market. Individual consumers decide what"s being sold & made. Gov"t plays limited role in economic decisions. American dream: idea that every citizen (is it every citizen?) should have an equal opportunity to achieve success in prosperity through hard work. 1920s shift to owning material things. Mike nichols: no mention of character in the american dream . Good thing to take out a 3rd mortgage. The individual has to be pushed to succeed. Need for regulation villain is a tyrannical businessman w/too much power. Pursuit of happyness (2006) & wolf of wallstreet (2013) Will smith is trying to better his and his son"s life through an unpaid internship for the opportunity to eventually break into the business.