NZ International Film Festival 2010: Inside Job
Directors: Charles Ferguson
This is the doco of the year. The stock market collapsed of 2008 has sparked a crises of capitalism on the scale of the 1929 stock market collapse and Keynesian managed capitalism created to prevent such rampant unregulated capitalism has been swept aside by neo liberal Milton Friedman low tax, deregulation, free market dogma.
This doco is a jaw clenching journey behind the scenes of the 2008 financial crises with historical contextualization of the differing political theories focusing on the rise and rise and rise of unregulated financial institutions. The revolving door between financial regulator and financial abuser has to be seen to be believed.
The cast of interviews is vast. Singapore's leader, the French Finance Minister, Wall St Journal, the bank of China plus all the domestic political and economic interests. It is a quality documentary and the reactions of regulators caught asleep at the wheel is hilarious and deeply worrying at the same time.
This should get an Academy nod.
Prepare to get angry.