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 Authors: Klein, Matthew C. (Author), Pettis, Michael (Author)
Format: Books Print Book
Language:English
Published: New Haven : Yale University Press, [2020]
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020 |a 0300244177  |q (hardcover) 
035 |a (OCoLC)1113331363 
040 |a YDX  |b eng  |e rda  |c YDX  |d DPL  |d YDXIT  |d OCLCF  |d OCLCQ  |d GRG  |d MNN  |d CHVBK  |d OCLCO  |d IMD  |d OCLCO  |d PCB 
050 4 |a HF1359  |b .K54 2020 
082 0 4 |a 337  |2 23 
100 1 |a Klein, Matthew C.,  |e author. 
245 1 0 |a Trade wars are class wars :  |b how rising inequality distorts the global economy and threatens international peace /  |c Matthew C. Klein, Michael Pettis. 
264 1 |a New Haven :  |b Yale University Press,  |c [2020] 
264 4 |c Ã2020 
300 |a xi, 269 pages :  |b illustrations ;  |c 25 cm 
336 |a text  |b txt  |2 rdacontent 
336 |a still image  |b sti  |2 rdacontent 
337 |a unmediated  |b n  |2 rdamedia 
338 |a volume  |b nc  |2 rdacarrier 
504 |a Includes bibliographical references and index. 
505 0 |a 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 China's surplus -- The fall of the wall and the schwarze null: understanding Germany's surplus -- The American exception: the exorbitant burden and the persistent deficit -- To end the trade wars, end the class wars. 
520 8 |a 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 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. 
650 0 |a International economic relations. 
650 0 |a Commerce. 
650 0 |a Social classes. 
650 0 |a Working class. 
700 1 |a Pettis, Michael,  |e author. 
994 |a C0  |b PCB 
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999 |a 455924