The Capitalism Papers Fatal Flaws of an

Nationally recognized social critic Mander researches, discusses, and exposes the momentous and unsolvable environmental and social problem of capitalism. He argues that capitalism, utterly dependent on never-ending economic growth, is an impossible absurdity on a finite planet with limited resources. 256 pp.

Called the the patriarch of the anti–Globalization movement by The New York Times, Jerry Mander was Founder and is a Distinguished Fellow of the International Forum on Globalization. He also spent 15 years in the advertising business as president of Freeman, Mander & Gossage, including producing the famous Sierra Club campaigns of the 1960s that saved the Grand Canyon. He has BS and MS degrees in international economics, and he lives in Northern California.

Introduction
Economic Succession	p. 3
The Missing Link	p. 5
The "C"-Word	p. 7
This Book	p. 11
Disclaimer	p. 11
Structural Arguments	p. 13
Growing Up Global	p. 16
A New World Order	p. 17
From Yonkers to Wharton	p. 20
New Dawn for Business	p. 21
Robert McNamara, Enforcer	p. 24
Forty Years Later	p. 28
The Copenhagen Conundrum	p. 30
Carbon Debt	p. 31
Cochabamba, Bolivia	p. 33
The Cancún Conundrum	p. 35
The Morales Conundrum	p. 37
The Fatal Flaws of Capitalism
Intrinsic Amorality & Corporate Schizophrenia	p. 43
Is Greed Good?	p. 49
Everyday Life in Advertising	p. 53
Are Corporations People?	p. 58
Corporations Are Machines	p. 60
Intrinsic Inequities of Corporate Structure	p. 62
Eight Intrinsic Inequities of Corporate Structure	p. 64
Profits from Business Operation	p. 64
Profits from Capitalization of the Public Commons	p. 65
Cost Externalization	p. 65
Limited Legal Liability	p. 66
Exploitation of the Intellectual Commons	p. 66
CEO Megasalaries & Bonuses	p. 70
Stock Payments & Dividends	p. 72
Invested Earnings: The Multiplier Effect	p. 73
Wage Repression of Employees	p. 73
The "Worker Productivity" Scam	p. 75
Cashing Out: The Sale of Company Assets	p. 76
The Illusion of Corporate "Efficiency"	p. 77
Endless Growth on a Finite Planet	p. 81
Ecosystem Into Economy	p. 84
Gross Domestic Product (GDP)	p. 85
What's Left Out of GDP?	p. 87
Virtual Growth	p. 89
"Planetary Boundaries"	p. 91
Resource Shrinkage on a Finite Planet	p. 92
Financial Speculation in Food Supplies	p. 94
Privatization of Water	p. 97
Peak Species & Peak Beauty	p. 98
Earth Island	p. 100
Fundamental Questions	p. 103
Searching for Growth: Desperate Measures	p. 105
Seven Explorations in Growing Growth	p. 106
Shifting from Real Growth to Virtual	p. 106
Creating "New Resources"-Privatizing the Commons	p. 106
Expanding the Military Economy	p. 107
Green Capitalism	p. 107
Eco-pornography	p. 109
Green Shopping	p. 110
Search for Green Energy	p. 111
Net Energy Limits	p. 112
Creative Destruction	p. 114
Techno-Utopianism & New Nature	p. 119
Reinventing Nature	p. 120
Atmospheric Engineering	p. 122
Artificial Volcanoes	p. 125
Debate: Intellect or Wisdom?	p. 126
Propensity Toward War	p. 129
War as Economic Strategy	p. 130
The stealth Economy	p. 134
Doing the Numbers	p. 135
Commercial Arms Trade	p. 138
Military Keynesianism	p. 139
F-35LightningII Fighter: $325 billion (Lockheed Martin Corporation)	p. 140
Gerald Ford-Class Supercarrier: $120 billion (Northrop Grumman Corporation)	p. 141
Future Combat System: $340 billion (Boeing and SAIC)	p. 141
Littoral Combat Ship: $38 billion (Austal USA and Lockheed Martin)	p. 141
U.S. Military Bases	p. 143
Asia Pacific	p. 144
Western Europe	p. 145
Middle East	p. 145
Africa	p. 146
South America	p. 146
Focus on the pacific	p. 147
"Comparative Advantage" oe War	p. 151
Privatization of Democracy	p. 153
Rule by the Rich	p. 154
Doing the Numbers	p. 156
What Is a Billion Dollars?	p. 158
The "Problem" of Surplus Capital	p. 159
Investments in Government	p. 160
Politicians for Sale	p. 164
Koch Brothers: Role Models for Neofeudal Expression	p. 167
Democracy?	p. 170
Privatization of Consciousness	p. 172
Who Needs Advertising?	p. 174
Living Inside Media	p. 176
Advertising to Children	p. 177
Global Reach	p. 178
The Powers of Received Images	p. 179
Are You Immune?	p. 180
Is Television Real?	p. 181
"Truth" in Advertising	p. 182
Virtual Reality	p. 185
Global Control	p. 186
AOL-Time Warner	p. 188
Disney	p. 188
The News Corporation	p. 189
Crisis point	p. 190
Capitalism or Happiness	p. 194
Laissez-Faire	p. 195
Doing the Numbers	p. 196
Consequences of Inequity	p. 199
Economics of Happiness	p. 201
Sufficiency	p. 203
Summaries & Afterthoughts	p. 206
Epilogue
Which Way Out?	p. 213
Four Megashifts Toward a New economics	p. 217
Nature Comes First	p. 217
Steady-state Economics	p. 218
Contraction and Convergence	p. 219
Biological Restoration and the Public Commons	p. 220
The United Nations' Declaration of the Rights of Mother Earth	p. 221
The Primacy of Scale: Not Globalization, Localization	p. 222
Direct Democracy	p. 224
The Indigenous Example	p. 226
Experiments in Corporate Values and Structure	p. 229
Redesigning Corporate Form	p. 230
Worker-owned Cooperatives	p. 233
Hybrid Economics	p. 235
Central Planning?	p. 236
Can We Learn from China?	p. 237
New-economy Models	p. 238
Uncharted Territory	p. 241
Bibliography	p. 245
Organizations	p. 253
Acknowledgments	p. 257
Table of Contents provided by Ingram. All Rights Reserved.

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The Capitalism Papers Fatal Flaws of an Obsolete System

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