Endorsements -- About the author -- Preface to the European edition / by Johannes Maruschzik -- Regulation vs deregulation -- The error of free trade -- From crony capitalism to plutocracy -- How much longer reserve currency? -- Quo vadis Europe? -- The end of the European national states -- Critique of the growth model -- Introduction / by Paul Craig Roberts -- Problems in economic theory -- Microeconomics -- Macroeconomics -- Free trade error -- Offshoring exports jobs instead of products -- The problem of external costs -- Nature's capital -- Planning for a full world -- Failures of economic theory are pervasive -- The failure of laissez faire capitalism -- The new dispossession -- Political dispossession -- Economic dispossession -- Social dispossession -- Offshoring displaced first world Americans -- The evidence from the bureau of labor statistics -- The myth of benevolent globalism -- Dissenters from the myth of benevolent globalism -- The decimated American economy -- Unemployment -- Inflation -- Gross domestic product -- US wealth and income distribution -- Lies that killed the American dream : the science and technology skills shortage myth -- Where did the money go? -- Fraud by banksters -- The conflict of interest that masquerades as government -- Death by globalism -- The end of sovereignty -- The undeclared agenda -- Can Germany remain a sovereign country? -- Conclusion -- Appendix.