It's hardly a secret that US corporations are cashing in on the chaos in Iraq. Nor will it come as a surprise that a handful of oligarchs reaped the profits from privatising Russian industry in the mid-1990s. This polished film lays the blame on the free-market theories of Thatcher and Reagan's favourite economist, Milton Friedman. Based on the book of the same name by writer Naomi Klein, Michael Winterbottom and Mat Whitecross's film makes a compelling argument. It seems Friedman's ideas about the deregulation of finance have become an orthodoxy and have led to the current recession. Drawing largely on archive footage, its rhetoric is that public assets have been systematically stripped in the wake of war, civil upheaval and natural disasters. Spanning over 40 years, it's a polemical film that largely lives up to its ambitions.