Trade wars are class wars how rising inequality distorts the global economy and threatens international peace

Trade disputes are usually understood as conflicts between countries with competing national interests, but as Matthew C. Klein and Michael Pettis show in this book, they are often the unexpected result of domestic political choices to serve the interests of the rich at the expense of workers and or...

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Bibliographic Details
Main Author: Klein, Matthew C. (Author)
Format: Book
Language:English
Published: London Yale University Press, 2020
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Table of Contents:
  • From Adam Smith to Tim Cook: the transformation of global trade
  • The growth of global finance
  • Saving, investment, and imbalances
  • From Tiananmen to the belt and road: understanding Chinas surplus
  • The fall of the wall and the schwarze null: understanding Germanys surplus
  • The American exception: the exorbitant burden and the persistent deficit
  • To end the trade wars, end the class wars