It's A Wonderful Life - Reception

Reception

It's a Wonderful Life premiered at the Globe Theatre in New York on December 20, 1946, to mixed reviews. While Capra considered the contemporary critical reviews to be either universally negative or at best dismissive, Time said, "It's a Wonderful Life is a pretty wonderful movie. It has only one formidable rival (Goldwyn's The Best Years of Our Lives) as Hollywood's best picture of the year. Director Capra's inventiveness, humor and affection for human beings keep it glowing with life and excitement." Bosley Crowther, writing for The New York Times, complimented some of the actors, including Stewart and Reed, but concluded that "the weakness of this picture, from this reviewer's point of view, is the sentimentality of it — its illusory concept of life. Mr. Capra's nice people are charming, his small town is a quite beguiling place and his pattern for solving problems is most optimistic and facile. But somehow they all resemble theatrical attitudes rather than average realities."

The film, which went into general release on January 7, 1947, placed 26th ($3.3 million) in box office revenues for 1947 (out of more than 400 features released), one place ahead of another Christmas movie, Miracle on 34th Street. The film was supposed to be released in January 1947, but was moved up to December 1946 to make it eligible for the 1946 Academy Awards. This move was seen as worse for the movie, as 1947 did not have quite the stiff competition as 1946. If it had entered the 1947 Awards, its biggest competition would have been Miracle On 34th Street. The number one grossing movie of 1947, The Best Years of Our Lives, made $11.5 million.

The film recorded a loss of $525,000 at the box office for RKO.

On May 26, 1947, the FBI issued a memo stating "With regard to the picture "It's a Wonderful Life", stated in substance that the film represented rather obvious attempts to discredit bankers by casting Lionel Barrymore as a 'scrooge-type' so that he would be the most hated man in the picture. This, according to these sources, is a common trick used by Communists. addition, stated that, in his opinion, this picture deliberately maligned the upper class, attempting to show the people who had money were mean and despicable characters."

In an interview with Michael Parkinson in 1973, Jimmy Stewart declared that out of all the movies he had made, It's a Wonderful Life was his favorite.

In 1990, It's a Wonderful Life was deemed "culturally, historically, or aesthetically significant" by the United States Library of Congress and selected for preservation in their National Film Registry.

In 2002, Britain's Channel 4 ranked It's a Wonderful Life as the seventh greatest film ever made in its poll "The 100 Greatest Films" and in 2006, the film reached #37 in the same channel's "100 Greatest Family Films".

In June 2008, AFI revealed its 10 Top 10, the best ten films in ten "classic" American film genres, after polling over 1,500 people from the creative community. It's a Wonderful Life was acknowledged as the third-best film in the fantasy genre.

Somewhat more iconoclastic views of the film and its content are occasionally expressed. In 1947, film critic Manny Farber wrote, "To make his points always takes an easy, simple-minded path that doesn't give much credit to the intelligence of the audience", and adds that there are only a "few unsentimental moments here and there." Wendell Jamieson, in a 2008 article for The New York Times which was otherwise positive in its analysis of the film, posited that it "is a terrifying, asphyxiating story about growing up and relinquishing your dreams, of seeing your father driven to the grave before his time, of living among bitter, small-minded people. It is a story of being trapped, of compromising, of watching others move ahead and away, of becoming so filled with rage that you verbally abuse your children, their teacher and your oppressively perfect wife."

In a 2010 Salon.com piece, Richard Cohen described It's a Wonderful Life as "the most terrifying Hollywood film ever made"; in the "Pottersville" sequence, he wrote, George is not "seeing the world that would exist had he never been born", but rather "the world as it does exist, in his time and also in our own". Nine years earlier, another Salon writer, Gary Kamiya, had expressed the opposing view that "Pottersville rocks!", adding, "The gauzy, Currier-and-Ives veil Capra drapes over Bedford Falls has prevented viewers from grasping what a tiresome and, frankly, toxic environment it is."

The film's elevation to the status of a beloved classic came decades after its initial release, when it became a television staple during 1970s and 1980s Christmas seasons. This came as a welcome surprise to Frank Capra and others involved with its production. "It's the damnedest thing I've ever seen," Capra told the Wall Street Journal in 1984. "The film has a life of its own now, and I can look at it like I had nothing to do with it. I'm like a parent whose kid grows up to be president. I'm proud... but it's the kid who did the work. I didn't even think of it as a Christmas story when I first ran across it. I just liked the idea." In a 1946 interview, Capra described the film's theme as "the individual's belief in himself" and that he made it "to combat a modern trend toward atheism".