1. George is technically the owner of the Building and Loan bank but he only makes $48/week which is $850 in today's money

  2. The bank is a co-op which means anyone who banks there is a part owner (syndicalism??)

  3. He spends his own personal money when the banks crash to make people whole. The bank also stops Potter from monopolizing the town and provides working people and immigrants the ability to own their own homes.

  4. He gets the chance to sell out to Potter but doesn't.

  5. The movie ends not with him getting rich, but the town coming together to save the B&L

The movie is about the power of collective action

  • infuziSporg [e/em/eir]
    1·
    4 years ago

    The bank still runs on profit and capitalist relations; it is at best socdem.

    IAWL was the single event that ushered in the age of social democracy.