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

By Rob Larson

Bleakonomics is a brief and darkly funny advisor to the 3 nice crises plaguing brand new international: environmental degradation, social clash within the age of austerity and monetary instability. Written for someone who's brooding about how we’ve come up to now, Rob Larson holds mainstream fiscal conception up opposed to the bleak truth of a planet in meltdown. He appears at scientists’ conclusions approximately weather swap, the company world’s reviews approximately its personal energy, and divulges the fingerprints of finance on American elections. With a distinct and interesting method of each one an important topic, scholars, lecturers and activists will discover a lot to understand during this quiet call-to-arms for a saner and extra reliable global.

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

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Throughout the coverage, the hope was raised that native bacteria, evolved to consume oil from natural seeps on the sea floor, would break up most of the spilled crude. Unfortunately, the emerging body of research on microbial consumption of the BP spill paints a disappointing picture. 24 Further analysis suggests that bacteria are preferentially consuming the smaller compounds in the crude oil mixture, rather than the bigger, polycyclic aromatic hydrocarbons, which are the most toxic ones. Finally, more recent research seems to support this conclusion, finding that microbial activity, as measured by the decreased oxygen levels it causes, is breaking down the oil plume itself far more slowly than anticipated.

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. But what has moved the subject onto Congress’s and the President’s agenda hasn’t just been public opinion, but also the inability of an industry to continue externalizing its costs relentlessly.

The US has yet to so much as ratify Kyoto, although the rest of the developed nations and even Larson T02603 01 text 24 30/08/2012 11:26 Hug Them While They Last 25 Russia have signed on. The US is ready to lead from behind, once again. Of course, the Times editors and other liberals are right that the bill has some value just for establishing the principle that a price will be attached to carbon emissions. And we might wonder what has allowed this issue to become a national political priority.

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