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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 Wars Are Class Wars

Written by: Matthew C. Klein, Michael Pettis
Narrated by: Bob Souer
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About this listen

A provocative look at how today's trade conflicts are caused by governments promoting the interests of elites at the expense of workers.

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 30 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.

©2020 Matthew C. Klein and Michael Pettis (P)2020 Tantor Economic History Economics International Relations Politics & Government Public Policy Social Classes & Economic Disparity Sociology International Trade
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awesome and breathtaking and definitely insightful work. it's a must read for all. excellent work

awesome and breathtaking and definitely insightful

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a very easy to understand treatment of a very complicated subject

everyone can benefit from a reading/hearing of this and understand policy implications in their own countries

fabulous

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This is a book I enjoyed very much and I completed this over a couple weeks. The problem was that the audio format required several repeats of a sentence or paragraph - to grasp the essence or to understand the logic behind the numbers. The numbers are heavy and very much interfere with the format as the brain battles between absorbing the numbers and the economic theory behind that is being explained. In short, while the mind assimilates the logic, the data interferes. I had to perpetually go back and replay to filter out the data to understand the logic.

Excellent book but audio format requires diligence

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