Who matters more: the inventor, or the impresario?
Film review: The FounderMichael Keaton’s nuanced performance combines dedication and hard work with an undertone of menace.
The Founder
Directed by John Lee Hancock, starring Michael Keaton. On general release across the UK
The Founder tells the story of how McDonald's evolved from a single restaurant into a global icon. Ray Kroc (Michael Keaton) is a struggling salesman hawking milkshake machines at every mediocre drive-in across the American Midwest. When a restaurant in San Bernardino places an unexpected order for eight machines, he drives to California to find out why and discovers that brothers Dick and Mac McDonald (Nick Offerman and John Carroll Lynch) have devised a new system that allows them to deliver decent fast food quickly and cheaply. Kroc immediately sees the opportunity and persuades the brothers to let him franchise the restaurants.
Initially this works well, with Kroc keeping standards high by ensuring that franchise owners are ambitious middle-class strivers, rather than rich absentee landlords. But his ambitious plans for expansion and desire to cut costs conflict with the brothers' insistence on quality. His marriage to his wife Ethel (Laura Dern) also starts to disintegrate. Facing cash-flow problems and hounded by creditors, Kroc is presented with a plan by an admirer of the restaurant (BJ Novak) that promises not only to save his house, but also to allow him to take effective control of the new firm from under the brothers' noses.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
At the heart of the film is a big question about the nature of entrepreneurship. Who matters more: the inventor, who creates something from scratch, or the impresario, who brings it to the masses? In some respect, The Founder resembles The Social Network, the 2010 film about Mark Zukerberg and Facebook. Both involve a driven, flawed business leader who took someone else's modest idea and turned it into something far greater. Keaton underlines this with a nuanced performance that combines dedication and hard work with an undertone of menace. Although The Founder is not quite as good as The Social Network, it's still worth making the effort to see it while it remains in cinemas, or to catch it on DVD in a few months' time
What the press said
The Founder "shows us something about postwar entrepreneurial capitalism, innovation, corporate expansion and intellectual property rights", says Peter Bradshaw in The Guardian. Yet the story is often "too formulaic and ingratiating", says Robbie Collin in The Daily Telegraph, even though the result is "well acted and darkly entertaining". Ultimately, the firm suffers from being "extremely wishy-washy, unable to scrub the nastiness of Kroc's success but also incapable of confronting it", says David Sims in The Atlantic. The result is rather like "a Wikipedia entry in which all the controversial material is squeezed into one small section at the bottom".
Sign up to Money Morning
Our team, led by award winning editors, is dedicated to delivering you the top news, analysis, and guides to help you manage your money, grow your investments and build wealth.
Matthew graduated from the University of Durham in 2004; he then gained an MSc, followed by a PhD at the London School of Economics.
He has previously written for a wide range of publications, including the Guardian and the Economist, and also helped to run a newsletter on terrorism. He has spent time at Lehman Brothers, Citigroup and the consultancy Lombard Street Research.
Matthew is the author of Superinvestors: Lessons from the greatest investors in history, published by Harriman House, which has been translated into several languages. His second book, Investing Explained: The Accessible Guide to Building an Investment Portfolio, is published by Kogan Page.
As senior writer, he writes the shares and politics & economics pages, as well as weekly Blowing It and Great Frauds in History columns He also writes a fortnightly reviews page and trading tips, as well as regular cover stories and multi-page investment focus features.
Follow Matthew on Twitter: @DrMatthewPartri
-
Christmas at Chatsworth: review of The Cavendish Hotel at Baslow
MoneyWeek Travel Matthew Partridge gets into the festive spirit at The Cavendish Hotel at Baslow and the Christmas market at Chatsworth
By Dr Matthew Partridge Published
-
Tycoon Truong My Lan on death row over world’s biggest bank fraud
Property tycoon Truong My Lan has been found guilty of a corruption scandal that dwarfs Malaysia’s 1MDB fraud and Sam Bankman-Fried’s crypto scam
By Jane Lewis Published