Thetitle character is the merchant Antonio (Jeremy Irons), not the Jewish moneylender Shylock (Al Pacino), who is traditionally viewed as the antagonist and more prominent character. This adaptation follows the text but omits much. Director Michael Radford believed that Shylock was Shakespeare's first great tragic hero who reaches a catastrophe due to his own flaws.[3][4] The film begins with text and a montage of how the Jewish community is abused by the Christian population of Venice and brings attention to the fact that, as a convert, Shylock would have been cast out of the Jewish ghetto in Venice.
A co-production between the United Kingdom, Italy, and Luxembourg, The Merchant of Venice was screened non-competitively at the 61st edition of the Venice Film Festival on 4 September 2004 in what was touted as its world premiere (the film was in fact screened on 3 September 2004 at the Telluride Film Festival).
Bassanio, a young Venetian, wants to travel to Belmont to woo the wealthy heiress Portia. He approaches his merchant friend Antonio for 3000 ducats needed to subsidize his travelling expenditures. As all of Antonio's ships and merchandise are tied at sea, Antonio approaches the Jewish moneylender Shylock for a loan. Shylock, spiteful of Antonio (whom the movie implies to be an ex-jew converted to Christianity) because he had previously insulted and spat on him (for being a Jew), proposes a condition. If Antonio cannot repay the loan at the specified date, Shylock will be free to take a pound of Antonio's flesh from wherever he pleases. Bassanio tries to stop this, but Antonio, surprised by the moneylender's apparent generosity, signs the agreement. With money at hand, Bassanio departs with another friend, Gratiano.
At Belmont, Portia has no lack of suitors. Her father, however, has left a will stipulating each suitor to choose one of three caskets: one each of gold, silver, and lead. In order to be granted an opportunity to marry Portia, each man must agree in advance to live out his life as a bachelor were he to select wrongly. The suitor who correctly looks past the outward appearance of the caskets will find Portia's portrait inside and win her hand. Bassanio makes the correct choice, that of the leaden casket.
At Venice, all ships bearing Antonio's goods are reported lost at sea, leaving him unable to satisfy the bond. Shylock is determined to exact revenge from Christians after his daughter Jessica flees his home to convert to Christianity and elope with the Christian Lorenzo, taking a lot of Shylock's wealth with her. With the bond at hand, Shylock has Antonio arrested and brought before court.
At Belmont, Portia and Bassanio get married. A letter later announces that Antonio has defaulted on his loan. Shocked, Bassanio and Gratiano leave for Venice with money from Portia, to save Antonio's life. Unbeknown to the two friends, Portia and her handmaid Nerissa also leave Belmont.
In the court of the Duke of Venice, Shylock refuses Bassanio's offer, despite Bassanio increasing the repayment to twice the specified loan. He demands the pound of flesh from Antonio. The Duke, wishing to save Antonio but unwilling to set a dangerous legal precedent, refers the case to Balthasar, a young male "doctor of the law" who is actually Portia in disguise. The lawyer's clerk is Nerissa in disguise. Portia asks Shylock to show mercy, but Shylock refuses. Thus, the court allows Shylock to extract the pound of flesh.
At the very moment Shylock is about to cut Antonio with his knife, Portia points out a flaw in the contract. The bond only allows Shylock to remove the flesh, not blood, of Antonio. If Shylock were to shed any drop of Antonio's blood in doing so, his "lands and goods" will be forfeited under Venetian laws.
Defeated, Shylock accedes to accept monetary payment for the defaulted bond, but is denied. Portia pronounces none should be given, and for his attempt to take the life of a citizen, Shylock's property will be forfeit, half to the government and half to Antonio, and his life will be at the mercy of the Duke. The Duke pardons his life, and Antonio holds his share "in use" (that is, reserving the principal amount while taking only the income) until Shylock's death, when the principal will be given to Lorenzo and Jessica. At Antonio's request, the Duke grants remission of the state's half of forfeiture, but in return, Shylock is forced to convert to Christianity and to bequeath the rest of his property to Lorenzo and Jessica.
Bassanio does not recognize his disguised wife and offers to give her a present. First, she declines, but after he insists, Portia requests his ring and Antonio's gloves, Bassanio reluctantly giving the ring only after much persuasion from Antonio, as he had promised his wife never to lose it, sell it nor give it away.
At Belmont, Portia and Nerissa taunt their husbands before revealing what they did at the court. After all the other characters make amends, Antonio learns that three of his ships have returned safely after all.
The Merchant of Venice received generally positive reviews; it has a "fresh" rating of 72% at Rotten Tomatoes based on 124 critic reviews, with the consensus, "A respectable if uneven take on the Bard's The Merchant of Venice."[5] On Metacritic the film has an average score of 63/100.[6] Most critics praised both the interpretation of the Shylock character by Michael Radford and Al Pacino[3] and the dark, realistic look of the streets of Venice, for which production designer Bruno Rubeo was honoured by the Italian National Syndicate of Film Journalists. Reception to the film's treatment of antisemitism was mixed, with some critics praising Radford's contextualizing choices but feeling that they were nonetheless unable to fully prevent Shylock from being an antisemitic caricature,[7][8] and others feeling that Shylock's villainy was sanitized in order to make him into an overly sympathetic victim of prejudice.[9] The film was noted for its emphasis on the love triangle aspect of Bassanio's relationships with Antonio and Portia, including a kiss between Bassanio and Antonio.[10]
Thinking to read The Merchant of Venice one more time, I took down the volume of Shakespeare's tragedies, only to be reminded that this dark and troubling play is classified with his comedies. Its two natures come from different spheres; sunny scenes of romance alternate with sadness, desperation and guile. When Jessica, Shylock's daughter, steals his fortune and leaves his home to marry Lorenzo, it's as if she's escaping from one half of the play to the other.
Michael Radford's new production is, incredibly, the first theatrical film of the play in the sound era. There were several silent versions, and it has been done for television, but among the most important titles in Shakespeare's canon this is the play that has been sidestepped by not only Hollywood but every film industry in the world. The reason is plain to see: Shylock, the money-lender who demands repayment with a pound of flesh, is an anti-Semitic caricature; filmmakers turn away, and choose more palatable plays.
Yet Shylock is an intense, passionate character in a great play, and Radford's film does them justice. Although Shylock embodies anti-Semitic stereotypes widely held in Shakespeare's time, he is not a one-dimensional creature like Marlowe's "The Jew of Malta," but embodies, like all of Shakespeare's great creations, a humanity that transcends the sport of his making. Radford's Shylock, played with a rasping intensity by Al Pacino, is not softened or apologized for -- that would deny the reality of the play -- but he is seen as a man not without his reasons.
The film opens by visualizing an event referred to only in dialogue in the original: We see the merchant Antonio (Jeremy Irons) spit at Shylock on the Rialto bridge, as part of a demonstration against the Jews who are both needed and hated in Venice -- needed, because without money-lenders, the city's economy cannot function, and hated, because Christians must therefore do business with the same people they have long executed a blood libel against.
That Antonio spits at Shylock, asks him for a loan of 3,000 ducats and boldly tells him he would spit at him again is, in modern terms, asking for it. That Shylock lends him the money against the guarantee of a pound of flesh is not simply a cruelty, but has a certain reason; Shakespeare's dialogue makes it clear that Shylock proudly declines to accept any monetary interest from Antonio and has every reason to think Antonio can repay the loan, which means that Shylock will have borrowed the money at cost to himself and lent it to Antonio for free. That Antonio comes within a whisper of losing his flesh and his life is, after all, the result of a bargain he quickly agreed to, because he also thought he would escape without paying interest. Shakespeare's great courtroom scene, in which the Doge must decide between the claims of Shylock and the life of Antonio, is undercut by the farce of the cross-dressing Portia's last-second appeal; on the merits of the case, Shylock should win.
But I have written as if you know who Shylock and Antonio and Portia are, and you may not; "The Merchant of Venice" is studiously avoided in those courses that seek to introduce Shakespeare to students, who can tell you all about Romeo and Juliet. One of the strengths of the film is its clarity. A written prologue informs us of the conditions of Jewish life in Venice in 1586; Jews were forced to live in a confined area that gave the word ghetto to the world, were forbidden to move through the city after dark (although they seem to do a lot of that in the film), and were tolerated because Christians were forbidden to lend money at interest, and somebody had to.
The plot is driven from the comic side, by the desire of Bassanio (Joseph Fiennes) to wed the fair Portia (Lynn Collins). She has been left by her father's will in the position of a game show prize; her suitors are shown chests of gold, silver and lead, and made to choose one; inside the lucky chest is the token of their prize. Elementary gamesmanship cries out "Lead! Choose the lead!" but one royal hopeful after another goes for the glitter, and the impoverished Bassanio still has a chance.
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