Chatting with Michael Moore is equally amusing and depressing. The Oscar-winning documentarian (Bowling for Columbine) is easily as entertaining as his films, but what he’s talking about is enough to drive you crazy. Case in point: His latest doc, Capitalism: A Love Story, which hits theaters tomorrow. In Part 1 of our OscarWatch interview, we discuss how his growing fame has hampered his filmmaking process, why it’s next to impossible to explain what a “derivative” is, and whether real Catholics need to be Socialists. Follow me on Twitter (@davekarger) for updates throughout the awards season, and watch the interview after the jump.

More OscarWatch interviews:

Matt Damon: Part 1, Part 2, Part 3

Colin Firth

Abbie Cornish: Part 1, Part 2