Bleakonomics is a short and darkly humorous guide to the three great crises plaguing today's world: environmental degradation, social conflict in the age of austerity and financial instability. Written for anyone who is wondering how we've come to this point, Rob Larson holds mainstream economic theory up against the grim reality of a planet in meltdown. He looks at scientists' conclusions about climate change, the business world's opinions about its own power, and reveals the fingerprints of finance on American elections. With a unique and engaging approach to each crucial subject, students, academics and activists will find a lot to appreciate in this quiet call-to-arms for a saner and more stable world.
Preface The Plutonomy Papers Part 1: External Damnation The market's unintended impact on the environment Introduction "Externalities" in theory 1 Come Hell and High Water 2 Hug Them While They Last 3 Hot Water Capitalism's "best economic case" 4 The Brown Peril Atmospheric 5 Cause and Side-Effect 6 As Not Seen On TV Part 2: Will Work For Peanuts The job market and war on labor Introduction The labor market in theory 7 Classroots 8 Hitting the Class Ceiling 9 Fight and Flight 10 MidEast Meets MidWest 11 Ebony & Irony 12 The Subprime Court 13 Keeping Down With the Joneses Part 3: The Invisible Hand Gives the Finger The crisis-prone finance market Introduction Credit markets in theory 14 Pop Goes the Economy 15 Not Too Big Enough 16 Bonanzas As Usual 17 Fed Up 18 Starved For Attention Conclusion: Invisible Sleight-of-Hand Economics as a failed science Notes Index