The Academy Awards: An alternative Hollywood ending

Smith’s first mistake is believing the Oscars exist to recognize “artistic achievements.”

Actor Will Smith with wife Jada Pinkett Smith.

WASHINGTON, Jan. 20, 2016 – Actress Jada Pinkett Smith says she’s disgusted with the Academy of Motion Picture Arts and Sciences for snubbing racial minorities that contribute so much to film.

“People of color are always welcomed to give out awards,” said Smith in a tweet, “but we are rarely recognized for our artistic achievements.”

She then asked a provocative question: “Should people of color refrain from participating all together?”

Smith’s first mistake is believing the Oscars exist to recognize “artistic achievements.” The idea of forming a motion picture academy was the brainchild of MGM movie mogul Louis B. Mayer in 1927. Its purpose was to organize the studio heads into a powerful cartel to keep the unions away from the movie business.

That failed.

When concerned parents and clergy complained that films were eroding the morals of America’s youth, the academy evolved into a self-censor.

“The industry needed a touch of class and a public relations coup. The idea of awarding a golden statuette to the best of the best was just the ticket,” wrote Gail Kinn and Jim Piazza in their book “Academy Awards: The Complete Unofficial History.”

That was 1929.

In its more modern form, the Academy Award exists to congratulate multi-million dollar box-office successes and the A-list actors associated with them.

Myth Trivia: Two bits, ship names and a guy named “Oscar”

Small, independent films need not apply. The Film Independent Spirit Awards, founded in 1984, exist to fill that particular niche in the motion picture industry.

Hollywood, with all its left-leaning multi-millionaire kooks, is America’s last bastion of raw, unadulterated capitalism. Banks can count on government to bail them out, but never Hollywood’s dream factories.

You see, Wall Street may need Washington politicians who possess all your coerced taxpayer money, but Washington politicians need Hollywood with all your freely given, free-market box-office billions.

Director Michael Moore at an Occupy Wall Street protest.
Director Michael Moore at an Occupy Wall Street protest.

Director Michael Moore may go slumming with the tent-dwelling, social-justice cranks of Occupy Wall Street, but he has amassed an estimated fortune of $50 million – and owns nine homes. A lifestyle that was in part funded by the foul-smelling simpletons eating lukewarm ramen noodles in their ramshackle shanties.

It’s my theory that the mammoth Moore assuages his guilt with fatty foods because, at the end of the day, he’s a hard-charging, money-grubbing capitalist. And don’t let anyone tell you any different.

Getting back to Smith, if she is serious about helping unrecognized and snubbed Hollywood minorities, she should not “refrain from participating all together,” but use her and husband Will Smith’s considerable wealth and contacts to form their own movie studio.

In an interview with author, entrepreneur and investor Tim Ferriss, NBC Shark Tank’s Daymond John said of his company FUBU (For Us By Us), “In entrepreneurship, you decide to give up your day job at the point where either (A) the hobby/new business is at least making some form of ends meet, or (B) you feel that you need to dedicate yourself… to it and give yourself the last hoorah.”

Jada Pinkett Smith can wait for things to change or make them change. That’s the beauty of high risk, high reward capitalism. It gives you a lot more options if you are willing to put your money where your mouth is.

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