I literally just talked about this with a friend a few hours ago. I haven’t seen it and she knows little about economics, but I told her that based on what I know about Matt Damon I would assume at best the film is half right…in that there is blame placed on large corporations with too much power, but that like Mikey Moore and his Capitalism fauxumentary this film probably stops there, basically trying to say corporations are to blame and calling corporatism “capitalism.”
But she assured me there was plenty of government blame laid out…
So thanks for the link…I had been meaning to see it. Now I can get back to her with some feedback.
:EDIT:
Forgot to mention, if anyone needs a decent film about the recent meltdown to send people to, Overdose: The Next Financial Crisis is possibly the best I’ve seen. It’s based on Johan Norberg’s book Financial Fiasco and includes interviews with Peter Schiff, Gerald Celente, Vernon Smith, and even a former chief economist for Freddie Mac saying the regulatory structure was “spotty”. It introduces the concept of low interest rates created by the Federal Reserve creating booms and uses the analogy of spiking a punch bowl at a party. It’s here on YouTube in its entirety…