Despite Chinese policymakers wanting to increase domestic consumption and reduce the power of state-owned companies, powerful interest groups and incentives are seeking to override these objectives. "Trade Wars are Class Wars is a must-read from two of the most astute commentators on the global economy. “Trade Wars are Class Wars”, by Matthew Klein and Michael Pettis, offers a deeper argument about the source of the trouble. Five Takeaways: The working class bears the hurt: Working class incomes have stagnated in the U.S. and other countries, pitting worker against worker – as elites have seen their incomes and wealth increase. Michael Roberts is an Economist in the City of London and prolific blogger. The pair think the real battle is … Yet, the book—authored by Matthew Klein and Michael Pettis—has received lavish praise by both fellow economists and financial writers alike. ‘Trade Wars Are Class Wars’ Review: Exports and Angst Globalization was supposed to achieve great things for a vast range of countries, not least for their working-class citizens. in Trade Wars Are Class Wars. "-Adam Tooze, author of Crashed: How a Decade of Financial Crises Changed the World “Trade Wars are Class Wars is a must-read from two of the most astute commentators on the global economy. One European media recently described Trade Wars are Class Wars: How Rising Inequality Distorts the Global Economy and Threatens International Peace as the most controversial book of the season. Trade Wars, Class Wars and the Increasing Global China Tension China’s economy is vastly complex. Trade Wars Are Class Wars 作者 : Matthew C. Klein / Michael Pettis 出版社: Yale University Press 副标题: How Rising Inequality Distorts the Global Economy and Threatens International Peace 出版年: 2020-5-19 页数: 224 定价: USD 28.00 装帧: Hardcover ISBN: 9780300244175 Cross-posted from Michael Roberts Blog. Trade Wars Are Class Wars by Michael Pettis and Matthew Klein has a straightforward thesis: “rising inequality within countries heightens trade conflicts between them” or, to be more explicit: Trade war is often presented as a war between countries. Read "Trade Wars Are Class Wars How Rising Inequality Distorts the Global Economy and Threatens International Peace" by Matthew C. Klein available from Rakuten Kobo. Trade wars are Class Wars by Matthew Klein and Michael Pettis has now been entered as one of the best books of the year by the FT and one to read over the summer by Martin Wolf, the FT’s economics guru. The big winner of the U.S.-China trade war has been Wall Street, Feingold says. Klein and Pettis offer an essential analysis of how domestic inequality and international conflict are interlinked, and provide an answer to the crisis of globalization. Dean Baker – Trade Wars Are Class Wars: Even More than Klein and Pettis Say September 19, 2020 Mathew D. Rose Economics , Finance , Inequality 1 On Matthew Klein’s and Michael Pettis’ Book “Trade Wars Are Class Wars” and how to correct today’s egregious inequality. Pages: 233–258 Preview If the inline PDF is not rendering correctly, you can download the PDF file here. ... Trade Wars Are Class Wars … Michael Roberts continues his review of this interesting book.
2020 trade wars are class wars summary