The Great Gatsby is a faithful adaptation of one of America’s legendary literary works by F. Scott Fitzgerald, taking place in the prosperous 1920’s era. Staggering wealth, towering stock markets, and the grand lifestyle resembled the American Dream that was bound to end with the imminent stock market crash.
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As a self-made millionaire, Gatsby represents "new money" with his over-the-top "circus" parties and eclectic palace design, while the Buchanan's from East Egg represent "old money," residing in colonial type homes and displaying an immense boredom with their lavish lives. Gatsby's tragic flaw is his resolute belief that it is indeed possible to "repeat the past," resulting in his inevitable demise. In addition, Gatsby's tragic flaw is falling in love with Daisy (Carrey Mulligan), who at the same time built him and destroyed him. After claiming that they would run away together and start over, Daisy is callous enough to retreat back to her wealth and accept no responsibility for the damage she has inflicted. Daisy's puzzling remark, "I hope she'll be a fool - that's the best thing a girl could be in this world, a beautiful little fool," conveys the affluent, shallow life she herself lives with Tom (Joel Edgerton) and wishes for her daughter.
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Baz Luhrmann detailed direction brings the same energetic and hectic atmosphere that he created in Moulin Rouge to the extravagant parties of The Great Gatsby. The vast parties are well choreographed, immersing the audience in the scene, and the grand cinematography illustrates the magnificence of the period. In addition, he did an excellent job of portraying the eyes of TJ Eckelburg watching over the Valley of Ashes and the tragedy that transpires the night Daisy takes the wheel of the Duesenberg and implicates Gatsby in a hit-and-run.
The green light across the bay represents the ideal future that eludes Gatsby as if receding before him, as he "beats on, boats against the current, borne back ceaselessly into the past." He tries to fight the "current," pursuing a future with Daisy, but is held back by his desire to recreate the past.
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