A Financial Fable
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"A Financial Fable" is a
Donald Duck Donald Fauntleroy Duck is a cartoon character created by the Walt Disney Company. Donald is an Anthropomorphism, anthropomorphic white duck with a yellow-orange bill, legs, and feet. He typically wears a sailor suit, sailor shirt and cap with ...
comic book A comic book, comic-magazine, or simply comic is a publication that consists of comics art in the form of sequential juxtaposed panel (comics), panels that represent individual scenes. Panels are often accompanied by descriptive prose and wri ...
story written and illustrated by
Carl Barks Carl Barks (March 27, 1901 – August 25, 2000) was an American cartoonist, author, and painter. He is best known for his work in Disney comics, Disney comic books, as the writer and artist of the first Donald Duck stories and as the creator of ...
in September 1950. As with many other Barks stories, it was originally untitled. The story deals with what will happen if everyone in a community becomes a millionaire. In the story,
Scrooge McDuck Scrooge McDuck (occasionally stylized as $crooge McDuck) is a cartoon character created in 1947 for The Walt Disney Company by Carl Barks. Appearing in Disney comics, Scrooge is a Scottish-born American anthropomorphic duck. Like his nephew, Do ...
is running a farm and keeps all his money in a corn crib at the farm. A
cyclone In meteorology, a cyclone () is a large air mass that rotates around a strong center of low atmospheric pressure, counterclockwise in the Northern Hemisphere and clockwise in the Southern Hemisphere as viewed from above (opposite to an ant ...
hits the crib, and spreads the cash all over an agricultural area. Many people immediately quit their jobs in hopes of financing travels. Scrooge maintains control over the only functioning farm in the area and gains a
monopoly A monopoly (from Greek language, Greek and ) is a market in which one person or company is the only supplier of a particular good or service. A monopoly is characterized by a lack of economic Competition (economics), competition to produce ...
over the area's
food supply Food security is the state of having reliable access to a sufficient quantity of affordable, healthy food. The availability of food for people of any class, gender, ethnicity, or religion is another element of food protection. Similarly, househo ...
. He charges millions for small quantities of eggs,
ham Ham is pork from a leg cut that has been preserved by wet or dry curing, with or without smoking."Bacon: Bacon and Ham Curing" in '' Chambers's Encyclopædia''. London: George Newnes, 1961, Vol. 2, p. 39. As a processed meat, the term '' ...
,
cabbage Cabbage, comprising several cultivars of '' Brassica oleracea'', is a leafy green, red (purple), or white (pale green) biennial plant grown as an annual vegetable crop for its dense-leaved heads. It is descended from the wild cabbage ( ''B.& ...
s, and corn (
maize Maize (; ''Zea mays''), also known as corn in North American English, is a tall stout grass that produces cereal grain. It was domesticated by indigenous peoples in southern Mexico about 9,000 years ago from wild teosinte. Native American ...
), and all the new millionaires are forced to pay him in order to eat. Scrooge soon gets all of his money back, having profited from his monopoly. The story emphasizes that Scrooge believes in hard work as a virtue, working in his own farm along with his
farmworker A farmworker, farmhand or agricultural worker is someone employed for labor in agriculture. In labor law, the term "farmworker" is sometimes used more narrowly, applying only to a hired worker involved in agricultural production, including har ...
s. He is depicted as an emblem of the
Protestant work ethic The Protestant work ethic, also known as the Calvinist work ethic or the Puritan work ethic, is a work ethic concept in sociology, economics, and history. It emphasizes that a person's subscription to the values espoused by the Protestantism, Pro ...
instead of the exploitive
capitalist Capitalism is an economic system based on the private ownership of the means of production and their use for the purpose of obtaining profit. This socioeconomic system has developed historically through several stages and is defined by ...
depicted in his previous stories. On the other hand, the new millionaires represent
consumerism Consumerism is a socio-cultural and economic phenomenon that is typical of industrialized societies. It is characterized by the continuous acquisition of goods and services in ever-increasing quantities. In contemporary consumer society, the ...
. The story itself functions as a defense of the capitalistic system, and its
right-wing Right-wing politics is the range of political ideologies that view certain social orders and hierarchies as inevitable, natural, normal, or desirable, typically supporting this position based on natural law, economics, authority, property ...
political message had been described as indicating that Barks' socio-economic viewpoint "was somewhat to the right of
Ayn Rand Alice O'Connor (born Alisa Zinovyevna Rosenbaum; , 1905March 6, 1982), better known by her pen name Ayn Rand (), was a Russian-born American writer and philosopher. She is known for her fiction and for developing a philosophical system which s ...
". A professor of economics has noted the similarities between this story and the 1960s theories of helicopter money by
Milton Friedman Milton Friedman (; July 31, 1912 – November 16, 2006) was an American economist and statistician who received the 1976 Nobel Memorial Prize in Economic Sciences for his research on consumption analysis, monetary history and theory and ...
.


Publications

The story first appeared in ''
Walt Disney's Comics and Stories ''Walt Disney's Comics and Stories'', sometimes abbreviated ''WDC&S'', is an American Comics anthology, anthology comic book series featuring characters from The Walt Disney Company's films and shorts, including Donald Duck, Scrooge McDuck, Micke ...
'' #126 in March 1951. It has later appeared in ''Walt Disney's Comics and Stories'' #363 (December 1970) and #489 (August 1981), ''Uncle Scrooge Adventures'' #23 (November 1993), ''
Uncle Scrooge ''Uncle Scrooge'' (stylized as ''Uncle $crooge'') is a Disney comic book series starring Scrooge McDuck ("the richest duck in the world"), his nephew Donald Duck, and grandnephews Huey, Dewey, and Louie, and revolving around their adventures in ...
'' #326 (February 2004), and other publications. Outside of the United States, the story has been published in Australia, Belgium, Brazil, Chile, Denmark, the Faroe Islands, Finland, France, Germany, Greece, Italy, the Netherlands, Norway, Poland, Romania, Spain, Sweden, Serbia and probably other countries.


Plot

Scrooge McDuck Scrooge McDuck (occasionally stylized as $crooge McDuck) is a cartoon character created in 1947 for The Walt Disney Company by Carl Barks. Appearing in Disney comics, Scrooge is a Scottish-born American anthropomorphic duck. Like his nephew, Do ...
is running a farm, employing his nephews as farmhands. While
Huey, Dewey and Louie Huey, Dewey, and Louie are Multiple birth, triplet cartoon characters created by storyboard artist and screenwriter Carl Barks for The Walt Disney Company from an idea proposed by cartoonist Al Taliaferro. They are the nephews of Donald Duck an ...
enjoy working,
Donald Duck Donald Fauntleroy Duck is a cartoon character created by the Walt Disney Company. Donald is an Anthropomorphism, anthropomorphic white duck with a yellow-orange bill, legs, and feet. He typically wears a sailor suit, sailor shirt and cap with ...
is tired of labour and quits the job, joining his lucky cousin
Gladstone Gander Gladstone Gander is a cartoon character created in 1948 by Carl Barks for ''Walt Disney's Comics and Stories''. He is an anthropomorphic gander (male goose) who possesses exceptionally good luck that grants him anything he desires as well as p ...
in searching for luck and money. Scrooge keeps all his money in a corn crib at the farm. When a
cyclone In meteorology, a cyclone () is a large air mass that rotates around a strong center of low atmospheric pressure, counterclockwise in the Northern Hemisphere and clockwise in the Southern Hemisphere as viewed from above (opposite to an ant ...
hits the crib, the cash is spread all over the area. Scrooge is not upset, knowing that if he and his young nephews keep working, they will get the money back soon enough. Meanwhile, Gladstone is demonstrating his unbelievable luck, holding out his hat and asking for some money to land in it. Two million of Scrooge's dollars then fall down from the sky and land in the hat. Meanwhile, the wind rains money on other farms, causing farmhands to exclaim "The heck with work, I am going to see the world"! The two cousins decide to spend the money on traveling, and drive to the local village to buy gas, while Huey, Dewey and Louie elect to stay on the farm out of moral obligation to care for the animals and tend crops. When they arrive, they learn that money has been distributed to the villagers as well, and the village has become a
ghost town A ghost town, deserted city, extinct town, or abandoned city is an abandoned settlement, usually one that contains substantial visible remaining buildings and infrastructure such as roads. A town often becomes a ghost town because the economi ...
. They cannot get gas, buy a soda nor a bus ticket as the gas station, drugstore and bus depot all have signs akin to "Closed; Owner Gone to See the World". Gladstone does not know what to do, while Donald suggests walking to a nearby community not hit by the money cyclone. However, he cannot buy a good pair of shoes as the shoe store is now abandoned as well. Donald gives up, and returns to his uncle, where he gets his job back, while Gladstone gives Donald his million and goes fishing. Scrooge informs him that if he wants to eat eggs for breakfast, they cost a million each. Eventually, all the new millionaires go to Scrooge's farm to buy food and perhaps get a job. Due to Scrooge and the nephews being the only producers of food, the prices having drastically increased — an egg now costs one million dollars, as does a ham, a cabbage costs two million, and a peck of corn costs four million — Scrooge soon gets all of his money back, and everything is back to normal.


Analysis

"A Financial Fable" changes the character of Scrooge into a proponent of hard work. Thomas Andrae writes, "No longer an old
Shylock Shylock () is a fictional character in William Shakespeare's play '' The Merchant of Venice'' ( 1600). A Venetian Jewish moneylender, Shylock is the play's principal villain. His defeat and forced conversion to Christianity form the climax ...
or exploitive capitalist, he is an emblem of the Protestant ethic. The owner of a farm, he works right alongside the ducks, who are his hired help. Donald, conversely, hates work and wishes for a million dollars for everyone so that they can live a life of leisure and fun rather than toil. These positions stake out contradictions in the tenets of the
American dream The "American Dream" is a phrase referring to a purported national ethos of the United States: that every person has the freedom and opportunity to succeed and attain a better life. The phrase was popularized by James Truslow Adams during the ...
and the way in which alienation in the workplace and a consumer ethos of immediate gratification were undermining the Protestant ethic, which demanded hard work, thrift, and the sacrifice of present pleasures for future gains." The message of the story has been described as politically right-wing. Ed Natcher of
Prism Comics Prism Comics is a 501(c)(3) non-profit organization that promotes awareness of lesbian, gay, bisexual, and transgender (LGBT) creators, stories, characters, and readers in the comics industry. It does this through informational booths and pr ...
wrote that Barks "wrote from a socio-economic viewpoint that was somewhat to the right of
Ayn Rand Alice O'Connor (born Alisa Zinovyevna Rosenbaum; , 1905March 6, 1982), better known by her pen name Ayn Rand (), was a Russian-born American writer and philosopher. She is known for her fiction and for developing a philosophical system which s ...
" and that the story could make "any Bush blush with envy at its conservative credentials". Donaldist Jon Gisle called the story "a classic defence of the capitalistic system". Gunnar Bårdsen, a Norwegian professor of
economics Economics () is a behavioral science that studies the Production (economics), production, distribution (economics), distribution, and Consumption (economics), consumption of goods and services. Economics focuses on the behaviour and interac ...
, has pointed out the similarities between the story and
Nobel Prize The Nobel Prizes ( ; ; ) are awards administered by the Nobel Foundation and granted in accordance with the principle of "for the greatest benefit to humankind". The prizes were first awarded in 1901, marking the fifth anniversary of Alfred N ...
-winning economist
Milton Friedman Milton Friedman (; July 31, 1912 – November 16, 2006) was an American economist and statistician who received the 1976 Nobel Memorial Prize in Economic Sciences for his research on consumption analysis, monetary history and theory and ...
's 1969 theories of " helicopter money". Barks himself called "A Financial Fable" a "story of easy riches" and said that the message of the story surely would get him "in a cell in a Siberian
gulag The Gulag was a system of Labor camp, forced labor camps in the Soviet Union. The word ''Gulag'' originally referred only to the division of the Chronology of Soviet secret police agencies, Soviet secret police that was in charge of runnin ...
someday."


See also

*
List of Disney comics by Carl Barks Carl Barks (1901–2000) was an American Disney Studio illustrator and Disney comic book creator. List of comic book stories Source: Comic strips See also * List of non-Disney comics by Carl Barks / Carl Barks * List of Disney comics by Don ...


References


External links

* {{DEFAULTSORT:Financial Fable 1950 in comics Disney comics stories Financial Fable, A Scrooge McDuck Comics set on farms Fiction about economics Works about capitalism