PART ONE: INTRODUCTION 3
Ⅰ.Economic Succession 3
THE MISSING LINK 5
THE “C”-WORD 7
THIS BOOK 11
Disclaimer 11
StructuralArguments 13
Ⅱ.Growing Up Global 16
ANEW WORLD ORDER 17
FROM YONKERS TO WHARTON 20
NEW DAWN FOR BUSINESS 21
ROBERT MCNAMARA, ENFORCER 24
FORTYYEARSLATER 28
Ⅲ.The Copenhagen Conundrum 30
CARBON DEBT 31
COCHABAMBA, BOLIVIA 33
THE CANCUN CONUNDRUM 35
THE MORALES CONUNDRUM 37
PART TWO: THE FATAL FLAWS OF CAPITALISM 43
Ⅳ.Intrinsic Amorality & Corporate Schizophrenia 43
IS GREED GOOD? 49
EVERYDAY LIFE IN ADVERTISING 53
ARE CORPORATIONS PEOPLE? 58
CORPORATIONS ARE MACHINES 60
Ⅴ.Intrinsic Inequities of Corporate Structure 62
EIGHT INTRINSIC INEQUITIES OF CORPORATE STRUCTURE 64
1.Profits from Business Operation 64
2.Profits from Capitalization of the Public Commons 65
Cost Externalization 65
Limited Legal Liability 66
Exploitation of the Intellectual Commons 66
3.CEO Megasalaries ? Bonuses 70
4.Stock Payments ? Dividends 72
5.Invested Earnings: The Multiplier Effect 73
6.Wage Repression of Employees 73
7.The “Worker Productivity” Scam 75
8.Cashing Out: The Sale of CompanyAssets 76
THE ILLUSION OF CORPORATE “EFFICIENCY” 77
Ⅵ.Endless Growth on a Finite Planet 81
ECOSYSTEM INTO ECONOMY 84
Gross Domestic Product （GDP） 85
What’s Left Out of GDP? 87
Virtual Growth 89
“PLANETARY BOUNDARIES” 91
Resource Shrinkage on a Finite Planet 92
Financial Speculation in Food Supplies 94
Privatization ofWater 97
Peak Species ?Peak Beauty 98
EARTHISLAND 100
FUNDAMENTAL QUESTIONS 103
Ⅶ.Searching for Growth: Desperate Measures 105
SEVEN EXPLORATIONS IN GROWING GROWTH 106
1.Shifting from Real Growth to Virtual 106
2.Creating “New Resources”—Privatizing the Commons 106
3.Expanding the Military Economy 107
4.Green Capitalism 107
Eco-pornography 109
Green Shopping 110
5.Search for Green Energy 111
Net Energy Limits 112
6.Creative Destruction 114
7.Techno-Utopianism ?NewNature 119
Reinventing Nature 120
Atmospheric Engineering 122
Artificial Volcanoes 125
Debate: Intellect or Wisdom? 126
Ⅷ.Propensity Toward War 129
WARAs ECONOMIC STRATEGY 130
THE STEALTH ECONOMY 134
DOING THE NUMBERS 135
COMMERCIAL ARMS TRADE 138
MILITARY KEYNESIANISM 139
F-35 Lightning Ⅱ Fighter: $325 billion （LockheedMartin Corporation） 140
Gerald Ford-Class Supercarrier:$120 billion （Northrop Grumman Corporation） 141
Future Combat System: $340 billion （Boeing and SAIC） 141
Littoral Combat Ship: $38 billion（Austal USA and Lockheed Martin） 141
U.S.MILITARY BASES 143
Asia Pacific 144
Western Europe 145
Middle East 145
Africa 146
SouthAmerica 146
FOCUS ON THE PACIFIC 147
“COMPARATIVE ADVANTAGE” OF WAR 151
Ⅸ.Privatization of Democracy 153
RULE BY THE RICH 154
DOING THE NUMBERS 156
WHAT ISABILLION DOLLARS? 158
THE “PROBLEM” OF SURPLUS CAPITAL 159
INVESTMENTS IN GOVERNMENT 160
POLITICIANS FOR SALE 164
KOCH BROTHERS: ROLE MODELS FOR NEOFEUDAL EXPRESSION 167
DEMOCRACY? 170
Ⅹ.Privatization of Consciousness 172
WHO NEEDS ADVERTISING? 174
LIVING INSIDE MEDIA 176
Advertising to Children 177
Global Reach 178
THE POWERS OF RECEIVED IMAGES 179
Are You Immune? 180
Is Television Real? 181
“Truth”inAdvertising 182
VirtualReality 185
GLOBAL CONTROL 186
AOL-Time Warner 188
Disney 188
The News Corporation 189
CRISIS POINT 190
ⅩⅠ.Capitalism or Happiness 194
LAISSEZ-FAIRE 195
DOING THE NUMBERS 196
CONSEQUENCES OF INEQUITY 199
ECONOMICS OF HAPPINESS 201
SUFFICIENCY 203
SUMMARIES &AFTERTHOUGHTS 206
PART THREE: EPILOGUE 213
ⅩⅡ.Which Way Out? 213
FOUR MEGASHIFTsTOWARD ANEWECONOMICS 217
1.Nature Comes First 217
Steady-state Economics 218
Contraction and Convergence 219
Biological Restoration and the Public Commons 220
The United Nations’ Declaration of the Rights of Mother Earth 221
2.The Primacy of Scale: Not Globalization, Localization 222
Direct Democracy 224
The Indigenous Example 226
3.Experiments in Corporate Values and Structure 229
Redesigning Corporate Form 230
Worker-owned Cooperatives 233
4.Hybrid Economics 235
Central Planning? 236
Can We Learn from China? 237
New-economy Models 238
UNCHARTED TERRITORY 241
Bibliography 245
Organizations 253
Acknowledgments 257