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Why Things Are Going to Get Worse and Why We Should Be Glad

Why Things Are Going to Get Worse and Why We Should Be Glad


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About the Book

The free-market capitalist system is in the process of collapse and we must now adjust to the reality of declining prosperity in the West. We should forget about growth and concentrate instead on the creation of jobs and reducing fossil fuel use-and it isn't impossible to achieve these two apparently conflicting aims. This is the thrust of the author's arguments and through the use of clear consistent charts he builds his case up from first principles. He graphically illustrates every important point and creates a compelling and powerful picture of why it's bad, why it's going to get worse, and why this presents an opportunity to make things better. This is a vision of life in which we will be forced to confront the real issues. Among other things, we must recognize that all wealth comes from the earth, we must concentrate on creating jobs and sharing earnings more fairly, and we should have more regulation especially in relation to banks and corporations and reducing competition between nations. And most of all we must return to the real values of real industry away from the current obsession with making money from money. Mike Roscoe is a journalist with many years' experience in the interpretation of data and the illustration of such information in graphic form, accompanied by clear and concise text. He has worked at the Financial Times, the Economist, the Daily Telegraph, and the Independent.

Table of Contents:
PART ONE - Why Things Are Bad CHAPTER 1 - THREE CHARTS: Summary of the problems CHAPTER 2 - WHAT IS WEALTH?: Basic economics; GDP explained CHAPTER 3 - WHAT HAPPENS TO WEALTH?: The vanishing trillions CHAPTER 4 - SOMETHING OUT OF NOTHING: An investigation into values CHAPTER 5 - THE VALUE OF MONEY: A brief history of money and debt CHAPTER 6 - BETTING NAKED: The growth of finance; derivatives explained CHAPTER 7 - FROM WAREHOUSE TO WHOREHOUSE: Early industry and the dawn of trade CHAPTER 8 - MEASURING WEALTH: The accumulation of wealth and the importance of oil PART TWO - Why It's Going To Get Worse CHAPTER 9 - WEALTH AND WORK: The productivity problem; was Marx right? CHAPTER 10 - THE TECHNOLOGY DILEMMA: Why real jobs are in decline CHAPTER 11 - VIRTUAL VALUES: The internet as job killer CHAPTER 12 - LIVING IN NEVER-NEVER LAND: Bubble trouble and the debt of nations CHAPTER 13 - THE DECLINE OF EUROPE: The Eurozone debt problem and lessons from Japan CHAPTER 14 - A RACE WITH NO WINNERS: The high price of cheap goods CHAPTER 15 - THE CASE FOR PUBLIC ENTERPRISE: Socialism is not a dirty word CHAPTER 16 - TEN REASONS: Why the rich world is getting poorer PART THREE - Why We Should Be Glad CHAPTER 17 - ECONOMY OR ECOLOGY?: More jobs, less fossil fuel use CHAPTER 18 - LIFE WITHOUT OIL: So what are the alternatives to fossil fuels? CHAPTER 19 - TIME TO CHANGE THE SYSTEM: Re-evaluation of values; jobs first CHAPTER 20 - JOBS WITHOUT GROWTH: Politics that work, why we need global regulation CHAPTER 21 - WHERE NEXT?: Likely trends; why the US will stay on top CHAPTER 22 - IS THERE A BETTER WAY?: CONCLUSIONS

About the Author :
Mike Roscoe is a journalist with many years experience in the interpretation of data and the illustration of such information in graphic form, accompanied by clear and concise text. He has worked at the Financial Times, The Economist, The Daily Telegraph and the Independent.

Review :
Voted one of the Times Higher Education's Books of 2014


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Product Details
  • ISBN-13: 9781780261768
  • Publisher: New Internationalist Publications Ltd
  • Publisher Imprint: New Internationalist Publications Ltd
  • Height: 216 mm
  • No of Pages: 352
  • Weight: 477 gr
  • ISBN-10: 1780261764
  • Publisher Date: 23 Oct 2014
  • Binding: Paperback
  • Language: English
  • Returnable: Y
  • Width: 138 mm


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