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

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Trade disputes are usually understood as conflicts between countries with competing national interests, but as Matthew C. Klein and Michael Pettis show, they are often the unexpected result of domestic political choices to serve the interests of the rich at the expense of workers and ordinary retirees. Klein and 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. Across the world, the rich have prospered while workers can no longer afford to buy what they produce, have lost their jobs, or have been forced into higher levels of debt. In this thought‑provoking challenge to mainstream views, 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—and what we can do about it.

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Detail Information

Series Title

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Call Number

EKO KLE T

Publisher

United States of America : Yale University Press., 2020

Collation

xix, 269 hlm. : ilus. ; 20 cm

Language

English

ISBN/ISSN

978-0-300-26144-8

Classification

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Content Type

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Media Type

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Carrier Type

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Edition

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Subject(s)

Globalisasi -- Aspek ekonomi
Ekonomi internasional
Perdagangan luar negeri -- Aspek ekonomi
Distribusi pendapatan
Ketimpangan ekonomi

Specific Detail Info

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Statement of Responsibility

Klein, Matthew C.

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