Download Bleakonomics: A Heartwarming Introduction to Financial by Rob Larson PDF

By Rob Larson

Bleakonomics is a quick and darkly funny consultant to the 3 nice crises plaguing modern-day global: environmental degradation, social clash within the age of austerity and fiscal instability. Written for an individual who's brooding about how we’ve come up to now, Rob Larson holds mainstream financial conception up opposed to the bleak fact of a planet in meltdown. He appears at scientists’ conclusions approximately weather swap, the enterprise world’s evaluations approximately its personal strength, and divulges the fingerprints of finance on American elections. With a special and fascinating method of each one an important topic, scholars, teachers and activists will discover a lot to understand during this quiet call-to-arms for a saner and extra strong global.

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Extra resources for Bleakonomics: A Heartwarming Introduction to Financial Catastrophe, the Jobs Crisis and Environmental Destruction

Example text

Again, the change is due to the “external” costs of a particular industry piling up to the point that other industries’ earnings are impacted. 15 So some factions of capital are moved to demand lower system-wide health costs, inevitably meaning some form of public provision (see Chapter 11). The same is true for climate change. As its costs have become clearer and larger, more elements of US capital favor regulation and reduction of total emissions, as the Wall Street Journal describes. 16 The situation is again similar to health care, where some type of national health program has been popular for many years.

Larson T02603 01 text 39 30/08/2012 11:26 4 The Brown Peril: Atmospheric Brown Clouds and Asian Neoliberalism Molecular epidemiologists who focus on environmental links to illness increasingly do much of their work in the developing world, where pollution is so ubiquitous that its complex connections to health can be calibrated even in small study populations. Scientific American1 The ancient Chinese were a scientifically advanced people. ”2 So respected were astronomers in Han China that they were accommodated within the Imperial Palace.

The only lives known to be saved by BP’s systematically risky behavior. There are other negligent policies that might also have enabled the explosion—an enormous spring was meant to lock down the seal at the top of the well, but BP’s reports show no installation. And the final error appears to have been the decision to remove the company’s heavy drilling “mud” before injecting a cement plug to cap the well until later extraction of the oil. But the picture is pretty clear—an under-valuing of risk, which is to be expected in markets based on private exchange, with no regard to effects downstream.

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