Margin Call (3/9) Movie CLIP - The Music Stops (2011) HD

> Pure greed would have a strong incentive to understand what the market is actually demanding in order to maximize profits. Not necessarily, just look at this clip [1] from Margin Call , an excellent movie on the GFC. As Jeremy Irons is saying in that clip, the market (as usually understood in classical economy, with producers making things for clients/customers to purchase) is of no importance to today's market economy, almost all that matters, at the hundreds of billions - multi-trillion dollars-levels, is for your company "to play the music" as best as the other (necessarily very big) market participants, "nothing more, nothing less" (again, to quote Irons in that movie). There's nothing in it about "making what people/customers want" and all that, which is regarded as accessory, that is if it is taken into consideration at all. As another poster is mentioning in this thread, this is all the direct result of the financialization of much of the Western economy, this is how things work at this level, given these (financiliazed) inputs. [1] ▶ this video

I live in Indiranagar and this is a sad reality of life here. These issues remind of this scene in Margin Call where two character talk about the impending 2008 crisis ▶ this video . There are many major issues in India's growth story, and I feel the music is gonna stop really soon.

Indeed. ▶ this video It's a useful skill, but not worth 7.48B IMHO. They say hate the game, not the player. But then, the players have chosen this game, and often don't want it to change.