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Giving Form to Finance Culture: Neoliberal Denizens in Wall Street (1987), Boiler Room (2000), and Margin Call (2011)

Giving Form to Finance Culture: Neoliberal Denizens in Wall Street (1987), Boiler Room (2000),... Giving Form to Finance Culture: Neoliberal Denizens in Wall Street (1987), Boiler Room (2000), and Margin Call (2011) keith b. wagner a gre at marke t euphoria s wep t through deregulation of the human capacity to resist or the United States by the 1990s, with two de­ comprehend these market forces on culture. In regulatory bills signposting a neoliberal trium­ the words of David Held and Anthony McGrew, phalism. President Bill Clinton’s advocacy to neoliberalism includes repeal the Glass­ Steagall Act (1936) and replace the extension of market to more and more it with the Gramm­ Leach Bliley Act in 1995 was areas of life; the creation of a state unbur­ greeted with near unanimous support by both dened by “excessive” intervention in the the Washington political establishment and economy and social life; and the curtailment Wall Street, each seeking further deregula­ of the power of certain groups (for instance, tion after the Reagan era. In close succession trade unions) to press their aims and goals. was the 1996 Telecommunications Act, which A free order, in this view, is incompatible dissolved the legal barriers that once had with the enactment of rules which specify separated media industries and http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Journal of Film and Video University of Illinois Press

Giving Form to Finance Culture: Neoliberal Denizens in Wall Street (1987), Boiler Room (2000), and Margin Call (2011)

Journal of Film and Video , Volume 68 (2) – Apr 23, 2016

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Publisher
University of Illinois Press
Copyright
Copyright © 2008 The Board of Trustees of the University of Illinois.
ISSN
1934-6018

Abstract

Giving Form to Finance Culture: Neoliberal Denizens in Wall Street (1987), Boiler Room (2000), and Margin Call (2011) keith b. wagner a gre at marke t euphoria s wep t through deregulation of the human capacity to resist or the United States by the 1990s, with two de­ comprehend these market forces on culture. In regulatory bills signposting a neoliberal trium­ the words of David Held and Anthony McGrew, phalism. President Bill Clinton’s advocacy to neoliberalism includes repeal the Glass­ Steagall Act (1936) and replace the extension of market to more and more it with the Gramm­ Leach Bliley Act in 1995 was areas of life; the creation of a state unbur­ greeted with near unanimous support by both dened by “excessive” intervention in the the Washington political establishment and economy and social life; and the curtailment Wall Street, each seeking further deregula­ of the power of certain groups (for instance, tion after the Reagan era. In close succession trade unions) to press their aims and goals. was the 1996 Telecommunications Act, which A free order, in this view, is incompatible dissolved the legal barriers that once had with the enactment of rules which specify separated media industries and

Journal

Journal of Film and VideoUniversity of Illinois Press

Published: Apr 23, 2016

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