Lots of good answers, maybe this angle is useful: what economic purpose did his job serve? And does that job deserve to be so richly compensated? Was his job more socially necessary than say, cleaning a hotel room?
He was selling stocks to people, that's it. But what actual value is being created here? Sure he's helping his company make more profit, but where is that profit coming from? Yep, right from the customers. The movie never shows you the sweet old lady who put everything into the stocks he sold her and then lost it all.
I've known a lot of stock brokers. Every single one was absolute scum. Every single one didn't give a shit about what they were selling, it was literally just get someone to buy their shit. Sure, you can make a lot of money as a broker, it's certainly "meritocracy". Working in sales in any industry under capitalism is usually fairly meritocratic, that's something that's kind of unique to sales. But that wealth comes directly out of the pockets of other people.
Also, stock brokers are bad at their job. Every study shows that stock brokers can only beat the odds by cheating. Just buying some index fund and not touching it has far better returns.
He doesn't even do what he is paid to do. Hsi job is to make rich pwople feel special.
Lots of good answers, maybe this angle is useful: what economic purpose did his job serve? And does that job deserve to be so richly compensated? Was his job more socially necessary than say, cleaning a hotel room?
He was selling stocks to people, that's it. But what actual value is being created here? Sure he's helping his company make more profit, but where is that profit coming from? Yep, right from the customers. The movie never shows you the sweet old lady who put everything into the stocks he sold her and then lost it all.
I've known a lot of stock brokers. Every single one was absolute scum. Every single one didn't give a shit about what they were selling, it was literally just get someone to buy their shit. Sure, you can make a lot of money as a broker, it's certainly "meritocracy". Working in sales in any industry under capitalism is usually fairly meritocratic, that's something that's kind of unique to sales. But that wealth comes directly out of the pockets of other people.
Under socialism we don't need stockbrokers.
Also, stock brokers are bad at their job. Every study shows that stock brokers can only beat the odds by cheating. Just buying some index fund and not touching it has far better returns.
He doesn't even do what he is paid to do. Hsi job is to make rich pwople feel special.