The year was 1946, and the world was a vastly different place than the one we know today. After the ravages of WWII, the curtain of gloom that had engulfed the world for so many long and devastating years had slowly begun to lift. Filmmakers were eager to play their part, realizing that feel-good movies which inspired hope made for perfect antidotes for emotionally-shaken audiences who wanted to embrace a new era.
Acclaimed filmmaker Frank Capra saw such potential in a short story that started life as a pamphlet, and he decided to take a chance on it. Looselyinspired by Charles Dickens' classic novellaA Christmas Carol,Capra acquired the rights to the story and set about adapting it to film.

That film becameIt’s a Wonderful Life, which has since become a timeless classic. A tale of inspirational themes like hope, redemption, family, and selflessness, it made for a perfect Christmas story. Although a commercial failure when it was first released, with mostly mixed reviews to boot, after its copyright lapsed three decades later, the movie became more widely released through broadcasting, and was soon a staple Christmas film for families all over the world.
As the years went on, its poignancy and stature only grew, with it even being selected for preservation by the National Film Registry by 1990.It’s a Wonderful Lifeis now regarded asone of the greatest films ever made, and is widely accepted as the greatest Christmas movie of all time — and here are 10 reasons why we couldn’t agree more.

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1The Story Behind the Story
It’s a Wonderful Lifeheavily featured themes reminding us that we should never give up hope, no matter how bleak a situation may seem, and the movie’s own history gave that concept more poignancy.It began as a short storyabout suicide, not about Christmas, which was rejected by every publisher that writer Phillip Van Doren Stern sent it to. Deciding not to give up despite these setbacks, Philip self-published it as a pamphlet and sent it out to friends and family with their Christmas cards.
Why These Facts Matter?
The pamphlets came to the attention of filmmaker Frank Capra, who took an interest in the story. Despite scripts being written, nothing would come to fruition until Capra acquired the rights and eventually brought the story to life on-screen. The fact that it went on to achieve the acclaim and legacy it did from there is proof that, unlike early reviewers who deemed its story fanciful and illusory, it ultimately proved its own concept through a remarkable journey from humble beginnings to becoming an all-time classic.
2Memorable Performances
One of the key reasons for the longevity ofIt’s a Wonderful Lifeis the memorable performances byits principal cast members. The fact that it is probably one of the only movies from the 1940s that is still watched regularly by many families during the holiday season is another testament to what a solid job its cast did. Its final cast was a far cry from the one intended, since most of its key actors, including the lead characters played by James Stewart, Donna Reed, and Henry Travers, were far from Capra’s first choices.
How the Cast Helped Make the Film Great
Despite Capra wanting different actors, fate brought him what ended up being an unforgettable cast who all played their parts wonderfully, exuding the kind of understated nuances that make their performances just as authentic today as they were in their own time. The genuine sincerity of Stewart as George Bailey, struggling with his despair, grips the heart even today, and Travers brought an endearing whimsical feeling in his turn as the endearing angel Clarence.
3Timeless Themes
The world and society may have changed in countless ways sinceIt’s a Wonderful Lifewas first released, but the simplicity of its main message iswhat makes it a timeless classic. The story embraces classical narratives of hope versus despair, but tells it in ways that feels genuine, as we watch George Bailey look deeply within himself to be able to come out of his despair and appreciate the life he has.
Related:20 Best Christmas Movies of All Time
Why Those Themes Never Get Old
Despite how much society has changed, the film reminds us that there are some core tenets of humanity that never lose relevance. Themes like family and selflessness anchor the film, and when we rewatch it at various stages of life, it inevitably conjures up the kind of emotions that remind us what’s important, no matter how tumultuous life may be at times.
4The Christmas Connection
Oddly enough,It’s a Wonderful Lifewas never intended to be a Christmas movie, and Capra never saw it as one when making it. But when the distributor RKO needed a holiday film in theaters, Capra’s movie was chosen for early release. And then in 1974, a simple clerical error led to the film’s rights expiring, making the movie public domain. TV stations began airing it every year — it was free content, after all.
And over the years, the heartwarming story that undeniably felt like a classic Christmas tale forever intertwined the film with notions like good will and the importance of family around the holidays.

The Accidental Christmas Movie
The film’s success decades after it’s release, after being forgotten, is a strange parallel to George Bailey’s own experience when he wonders what life would be like if he didn’t exist. But the movie became something bigger, emerging from its own death, as Capra would later say:
“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.”

Cementing itself into the hearts and minds of generations, over time,It’s a Wonderful Lifeaffirmedits reputation as a Christmas film. The fact that it went on to be known as the greatest Christmas movie ever made came down just down to how good it was and how its wider reach from that era gave more and more people an opportunity to appreciate its finer qualities.
5It Deserved The Acclaim
Although far from being universally praised by reviewers when it was first released, the quality ofIt’s a Wonderful Lifewas still clear. That led to the film being nominated for six Academy Awards, including the awards for Best Director for Frank Capra, Best Picture, and Best Actor for James Stewart. WhileThe Best Years of Our Livesswept the Oscars that year, Capra did win a Golden Globe for Best Motion Picture Director for it.
Much-Needed Vindication
It was ultimately time and a variety of factors that eventually turned the film into a certified classic. However, the fact that it was recognized by the most prestigious awards in showbiz provided vindication for it and Capra, since early reviews weren’t often positive andthe film was a commercial failure. Its acclaim back then provided an early indication that it always possessed a special quality, something no one doubts now.
6Well Drawn Characters
Aside from the terrific performances that brought the film to life so memorably, it was the characters themselves and their traits that audiences could connect to the most. The poor and desperate George Bailey, the ruthless Henry Potter, and the heartwarming Clarence Odbody were more finely nuanced than most viewers might initially notice. It was this kind of subtle layering that added to the film’s depth, and why, all these years later, its characters still resonate with audiences.
How Character Depth Adds Value
The differences between good films and truly exceptional ones likeIt’s a Wonderful Lifecan often be found inthe subtleties of their main characters. For example, George Bailey is a character whose various layers and complexities spoke to many different types of people who could all recognize something of themselves in him.
Related:Best Christmas Movies of the 2010s, Ranked
On the one hand, he was exceptionally kind and selfless, often sacrificing his own dreams and goals to help others. However, George’s psychological make-up and personal drive to always help others also left him vulnerable to feelings of failure, even when he had no control over a situation. The state of depression the beginning of the film finds him in, or the famous scene where everything is falling apart and he takes it out on his family, were all brilliant reminders that as good a person as he was, he wasn’t perfect.
7It Made the FBI’s Naughty List
It may be very difficult to imagine, butIt’s a Wonderful Lifewas actually once viewed by the FBI as promoting dangerous ideas. On the surface, nothing about it gives off this impression. Yet, as a consequence of the differing value systems between then and now, the film was actually once considered subversive and contained a “malignant undercurrent.” The FBIreleased a memo in 1947 stating:
“With regard to the picture It’s a Wonderful Life, [redacted] 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. [In] addition, [redacted] 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.”

The “Red Scare” of communism was in full swing at the time,
“The FBI’s review of It’s a Wonderful Life was part of a formal surveillance operation targeting the motion picture industry that began in August 1942 and continued for 16 years, writes Noakes, a sociology professor and author of Using FBI Files for Historical Sociology. The movie was previewed at New York’s Blonde Theater on August 07, 2025, a period post-WWII when the ‘Red Scare’ of communism was palpable.”
Has Anything Changed?
It was a time when heightened paranoia had led to overt surveillance and rampant accusations, especially towards Hollywood, which was considered a haven for such “dangerous” ideas. The “Red Scare” of communism and the rise of McCarthyism led to an atmosphere that decried even the slightest criticism of placing value in money and business over family. Today, it is difficult to believe, butHollywood was a different place back then.
8The Effort and Dedication That Went Into Making It
Back in the ’40s, film making was a far cry from the technological wizardry available today. Nowadays, with tools like CGI and AI available to filmmakers, there is virtuallyno limit to the scale and detaila film can be imbued with. However, while there are some seriously talented and accomplished minds behind these processes, over-reliance on such technologies has also led many to the opinion that true filmmaking has become a lost art form, since so much of it is now done by software.
What Set It’s a Wonderful Life Apart?
Back whenIt’s a Wonderful Lifewas first released, it took a lot more physical effort, planning, dedication, and imagination to create its finer details. The effort and attention to detail that Frank Capra and his crew put into the film is an astounding reminder of why many people find modern filmmaking to be a cop out. One of their most astounding feats was to actually build the now iconic “Bedford Falls” town from the film. The finished setcovered some four acres, featured a main road that was three blocks long, 75 buildings and shops, 20 fully-grown oak trees, a residential neighborhood, and animals like cats, pigeons, and dogs that were allowed to freely roam the ‘town’.
Since the nature of the film meant it covered different places in time, the weather conditions had to be adaptable. This led the RKO Studio’s special effects team, led by Russell Shearman, to develop a new compound, effectively creating ‘chemical snow’ (an expensive part of the budget). They received a technological achievement award at the Oscars for this feat.
9It Acts as an Antidote
The fact thatIt’s a Wonderful Lifehas long since become a fixture of Christmas and the holiday season is perhaps fortunate since it’s packedwith so many life lessons. Its themes, the depth of its characters, and the way it ultimately engenders an overall sense of hope amid the feeling of overwhelming darkness George experiences actually serves a far greater purpose, whether it was intended or not.
The Bigger Picture
As much as the holiday season is filled with good cheer, a celebratory spirit, and time for reveling, there’s also a far darker side to it that remains an unfortunate reality. The tragic truth is that suicide rates across the world usually spike around the holidays, as it’s the time of year that amplifies the pain for people dealing with all manner of physical and mental struggles. Given some of the themes championed byIt’s a Wonderful Life,it’s the kind of film that directly addresses this painful reality.
Related:10 Christmas Movies That Defined the Millennial Generation
The importance of family, acknowledging our own self-worth,letting us know we aren’t alone, that our failures do not define us, and that our anxieties and insecurities often keep us from seeing the best in ourselves and our positive impact on others — these are the kinds of lessons that hit deeper when we watch a character learn them while in such a dark place. George’s story and the messages it highlights ultimately carry with it the power to provide hope to a lost soul, a trait that makes it immeasurably more significant than just merely being a good movie.
10A Time Capsule
Aside from all the wonderful themes and the positive effects the film provides viewers with during the holidays, there was also an innately wholesome feel to it. This, of course, had a lot to do with its era. Being made back in the ’40s, and more especially just after WWII ended, contributed to it almost acting as a capsulethat transports viewers to another time.
A Reminder of Values Gone By
Showbiz, like everything else, has changed enormously since the'40s. Since then, those changes have often reflected the changes to societal norms and mores. This is often reflected inthe value systems modern films upholdor depict, ones which are replete with shocking and ever-increasing levels of things like sexualized content, gore, violence, and cultural bias that sometimes makes it feel like society is culturally and philosophically crumbling.
Films likeIt’s a Wonderful Liferemain timeless because they remind us of bygone eras, times when old-school notions of family life, the sense of community, and the absence of distracting technology were all still seen as good things. The underlying wholesomeness of the film is also indicative of the cultural differences between then and now, and acts as a stark reminder of the entertainment industry’s power to shift cultural norms, all the more reason why greater care should be taken to ensure that power is wielded responsibly.