What the Theranos Documentary Misses

Avi Asher-Schapiro makes some good points about The Inventor that I failed to consider:

Missing from the film, however, is any sustained effort to understand how Theranos interacted with the larger economic and social forces that nurtured it. In the hands of Gibney, the rise and fall of Theranos is reduced to a sort of personality puzzle, driven by the banal questions like: What was Elizabeth Holmes thinking? Is she a liar? How could seemingly competent investors be so misled?

That’s a shame, because the story of Theranos is so much more than that. At its root, it’s a parable that cuts to the central dysfunctions in the American economic and political order, one that should dismantle our notions of meritocracy and put a strict limit on our forbearance for elites. It illuminates how the rich and well connected occupy different strata of life, enjoy a completely different set of opportunities from the rest of us, experience a different kind of justice, and are so often immune from consequences. Though the film gives some glimpses of these dynamics, they are always in the background, shadowed by other far less compelling narrative impulses.