Why Things Are Going to Get Worse - And Why We Should Be Glad

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.