There was a time when Woody Allen was consistently making the best movies in the business. Blue Jasmine is that return to form that some of us former Allen fans have been seeking, thanks in large part to a phenomenal central performance by the Oscar-nominated Cate Blanchett.

Blanchett plays Jasmine, the wife of a Bernie Madoff-type financier (Alec Baldwin) who must relocate from New York to San Francisco after she is bankrupted and emotionally destroyed. She gulps martinis, criticizes her helpful sister (Sally Hawkins, also an Oscar nominee) and, quite frighteningly, is prone to bouts of talking to herself.

Allen finds the dark humor in the story, and employs a supporting cast that includes comedians Louis C.K. and, most astonishingly, Andrew Dice Clay—who, doggone it, delivers an amazing performance as Ginger’s financially destroyed ex-husband, Augie.

Above and beyond the humor, though, Allen makes his film a parable about how some deeds are irredeemable, and some folks are simply doomed. It’s as bittersweet as any movie you will see. As far as the Allen film canon goes, it’s a Top 5 installment.

On top of the acting nominations, the film got a nom for Allen’s screenplay. It deserves the nomination. However, the film didn’t get nominations for Best Picture or Best Director—and Blue Jasmine is better than most of the films nominated in those categories. That’s a bit annoying.

This is one of those films in which everything comes together perfectly, with Blanchett at its powerful center. Yeah, Woody Allen is total scum, but he’s still making movies, and this is one of his best.

Special Features: As is usually the case with Allen releases, there’s not much here. You get a press conference and some quickie interviews.