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I had few expectations from Charles Ferguson’s “Inside Job”, a
documentary opening on October 8th, since it appeared to adhere to
the same formula as his debut film “No End in Sight”. That movie,
which won an Academy Award nomination, relied heavily on experts
who portrayed the war in Iraq as some kind of tragic blunder
rather than a product of long-standing American imperialist
policies in the Middle East. “Inside Job” is to the financial
crisis as “No End in Sight” is to the war in Iraq. You won’t find
Doug Henwood, Michael Perelman, David Harvey or Leo Panitch being
interviewed. Indeed, the question of capitalism as a system is
never raised just as imperialism is not in “No End in Sight”.
All that being said, “Inside Job” is a brilliant dissection of the
financial industry and the political system that it shares a bed
with. Ferguson might rely solely on industry experts and
regulators but to what astonishing results. This tautly organized
film gathers momentum from the very first minutes and builds up a
head of steam like a locomotive engine. Despite avoiding the
question of how the economic system is organized, it is a dagger
aimed at its heart no matter the intention of Charles Ferguson.
All in all, it reminds me of these words in the Communist Manifesto:
Finally, in times when the class struggle nears the decisive
hour, the progress of dissolution going on within the ruling
class, in fact within the whole range of old society, assumes such
a violent, glaring character, that a small section of the ruling
class cuts itself adrift, and joins the revolutionary class, the
class that holds the future in its hands. Just as, therefore, at
an earlier period, a section of the nobility went over to the
bourgeoisie, so now a portion of the bourgeoisie goes over to the
proletariat, and in particular, a portion of the bourgeois
ideologists, who have raised themselves to the level of
comprehending theoretically the historical movement as a whole.
full: http://louisproyect.wordpress.com/2010/09/24/inside-job/
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