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I liked this documentary a great deal some years ago when it first came out; I was slightly balked when I saw it in copious stock at my local grocery store check-out aisle for $5 each. 
I felt it was very even-handed in its interviews and presentation, despite approaching a concept so dicey as "the military industrial complex", which is typically a pejorative term anymore.
I was slightly skeptical of the conclusions made however. If I remember/understood it correctly, the gist of the film was that the United States, in particular, is locked into some ideological disposition for manufacturing war and as such, exacting it upon whichever paltry nation fits its aims. These "aims" of course being determined by both nobody and everybody - the people elect officials, the officals elect officials, these officials occupy "think tanks", and these "think tanks" tell us to go to war merely because we have access to the devices necessary to this. It's a simple enough premise, I suppose, that instead of some appeal to a clandestine authority working behind the scenes to either blow up the world, enslaves us all, or unite all nations in order to achieve its own, undoubtedley dubious agenda, the plight of this world is actually the result of unfettered bureaucracy and some corporate classroom game of "telephone".
If I recall, the last words the documentary left off on were something to the effect of "So why do we fight? Because nobody is standing up and saying 'I won't do this anymore'". Poignant, but not really a conclusion I can respect. The US fights because it thinks it can "win". That has always been why countries seek conflict - just because the US is no exception to the illusion of control doesn't change a motive supported innumerable times by history - as special as Americans like to think they are...
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