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.
##对中美的了解都加深了一点
评分##"Despite these moves toward liberalization, the end of the war failed to restore trade to its pre-1929, much less pre-1913, importance. In fact, crossborder flows of goods and services relative to global output would not return to the zenith reached in the 1870s until the 1970s." Shocked me.
评分##读完更悲观了
评分##未必正确,但读一下有助于理解outsiders的思路
评分##A deeply problematic book that evades the question of growth in developing countries, as well as the issue of demographics in the so-called surplus countries. It will lend intellectual gravitas to a lot of protectionist measures in the next administration.
评分##the distribution of purchasing power within a society affects its economic relations with the rest of the world.
评分##台版
评分##"Despite these moves toward liberalization, the end of the war failed to restore trade to its pre-1929, much less pre-1913, importance. In fact, crossborder flows of goods and services relative to global output would not return to the zenith reached in the 1870s until the 1970s." Shocked me.
评分##the distribution of purchasing power within a society affects its economic relations with the rest of the world.
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