Klein, Matthew C.

Trade Wars Are Class Wars: How Rising Inequality Distorts the Global Economy and Threatens International Peace

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ISBN 13:
9780300261448
author:
Klein, Matthew C.
format:
Paperback / softback
publisher:
Yale University Press
language:
English
Publication Year:
2021
Pages:
296
Dimensions:
19.7 x 12.7 x 2.2 centimeters
Genre:
Business, Economic History, Nonfiction,
Condition:
New
Availability:
Item usually sent within 5 working days
£12.80

Description

Trade Wars Are Class Wars: How Rising Inequality Distorts the Global Economy and Threatens International Peace A provocative look at the causes of today's trade conflicts, this book argues that they are often the result of domestic political choices that serve the interests of the rich at the expense of workers and ordinary retirees. Matthew C. Klein and Michael Pettis trace the origins of today's trade wars to decisions made by politicians and business leaders in China, Europe, and the United States over the past thirty years. The authors provide a cohesive narrative that shows how the class wars of rising inequality are a threat to the global economy and international peace. They examine how the rich have prospered while workers have struggled, leading to a distorted global economy and increased tensions between countries. This thought-provoking book challenges mainstream views and offers insights into the history of trade and finance. By understanding the complex relationships between monetary, fiscal, and social policies, readers can gain a deeper understanding of the issues driving global trade and the need for change.

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