George Bailey is a Fraud
Do you find it interesting that the two bankers in Its A Wonderful Life both wind up miserable? Of course George Bailey is the altruistic sacrificial hero of 1946 and subsequently gets bailed out by the community at the end - a foreshadowing of the 2008 financial crisis. But between Potter and George Bailey, George, being the more sacrificial of the two, ends up suicidal after his altruistic moral code strips away his ability to leave Bedford Falls for college and travel. Again, if it weren’t for the bailout at the end, I wonder how we might have interpreted the movie differently.
Elevating the need of others leads to mooching (consuming the unearned), bankruptcy (accounting for the theft), and suicide (a belief that your life is not worth living). Even the angelic intervention in the end is a reinforcement of sacrifice, showing George that his life is wonderful because of how other people have benefited from it. What about George? What about George getting what he wants? Isn’t that what makes life worth living, pursuing your own values and goals?
It’s a Wonderful Life was a movie of the age, preaching a doctrine of self immolation and self sacrifice at the expense of personal ambition, with a promise of miraculous intervention from “your friends” if your sacrifice leads you to bankruptcy and suicide.
No wonder America became a shadow of its former glory in the 20th century and bred generations who beleived they could break the rules of the economy, violated the laws of accounting and sacrifice their values and ambitions so long as their intention was for the good of others.
George Bailey was a fraud. His moral code told him to care for anybody but himself, to hate himself if it meant serving someone else. This is the morality of suicide and death. We are seeing the consequences of treating George as the model American hero all around us and there will be miracles to bailout admirers of George Bailey. Perhaps in 2023 we can rethink the movie. It’s A Wonderful Life, not because you sacrifice it to the need of others, but if you earn it through your own effort, productivity, and trade.
Lesson:
If you adopt the morality of sacrifice, you become a begger and ignore the wants or desires of the producers. Eventually you’ll run out of products to beg for, leading to scarcity and a miserable death.
If you adopt the morality of self worth, you become a producer and a trader, and ignore the wants and desires of the beggers. Eventually you’ll run out of beggers, leading to abundance and a wonderful life.
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