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magnetic character, Gordon Gekko, played by Michael Douglas, makes hundreds of millions by
buying up undervalued companies, discharging himself from membership and selling off the
parts for profit (Bates 11). While stone, who was an outspoken liberal who loathed Reagan and
Reaganism wrote a script that meant to cast Gekko as the film’s villain, the riveting performance
by Douglas, which saw him win an Oscar award, stole the show, transforming the character into
a flawed but compelling hero. In other words, Reagan was a flawed president in the 1980’s
though he pretends to be a compelling hero. This negative side, to some extent, makes Reagan
Ronald to be an icon in the popular culture during that time.
Nonetheless, the memorable scene of the film is whereby Gekko appears at a
stakeholder’s meeting justifying his actions by invoking, unapologetically, the moral principle of
self-interest. In the meeting, the character who is said to be a replica to Reagan stipulated that he
or she is not a destroyer of companies of which he really was, but a liberator of them. In addition,
this character highlighted that greed is good, claiming that it cuts through and captures the
essence of the evolutionary spirit. Consequently, still in reference to the film that was written by
Stone, the monologue which this writer intended to put across as satire of what he saw as ruling-
class selfishness in the Reagan era, frequently won cheers and applause from the audience of the
film. Much to the dismay of this writer, Reagan had convinced most of the Americans that the
principle of considered self-interest could indeed, empower individuals, liberate firms, as well as
restore the faded gleam of the United States (Thompson 41). This is the other bad side of Reagan
since he was not advising his electorates to do things the right way, though he was regarded as an
icon over the same.
Arguably, it is noted that Ronald Reagan as an icon to popular culture, had some
influence to his wife Nancy Reagan, and this can be explained using the Just Say No motto that