Get Free Shipping on orders over $79
Trade Wars Are Class Wars : How Rising Inequality Distorts the Global Economy and Threatens International Peace - Matthew C. Klein

Trade Wars Are Class Wars

How Rising Inequality Distorts the Global Economy and Threatens International Peace

By: Matthew C. Klein, Michael Pettis

Paperback | 9 November 2021 | Edition Number 1

At a Glance

Paperback


RRP $26.95

$24.99

or 4 interest-free payments of $6.25 with

Ships in 5 to 7 business days

Winner of the 2021 Lionel Gelber Prize: A provocative look at how todayâs trade conflicts are caused by governments promoting the interests of elites at the expense of workers

âThe authors weave a complex tapestry of monetary, fiscal and social policies through history and offer opinions about what went right and what went wrong . . . Worth reading for their insights into the history of trade and finance.ââ"George Melloan, Wall Street Journal

"This is a very important book."â"Martin Wolf, Financial Times

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 todayâs 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 thoughtâ"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 peaceâ"and what we can do about it.

Longlisted for the 2020 Financial Times & McKinsey Business Book of the Year Award and named a Best Business Book of 2020 by Strategy + Business
Industry Reviews
"The authors weave a complex tapestry of monetary, fiscal and social policies through history and offer opinions about what went right and what went wrong. . . . Worth reading for their insights into the history of trade and finance."-George Melloan, Wall Street Journal

"This is a very important book."-Martin Wolf, Financial Times

"An eagle-eyed perspective on the global economy, underpinned by close analysis and a remarkable clarity of exposition. The book is a terrific survey of the forces behind today's global trade tensions and imbalances."-Ann Pettifor, Times Literary Supplement

"[O]ffers a deeper argument about the source of the trouble."-The Economist

"Matthew Klein and Michael Pettis have successfully woven a grand narrative linking income inequality, geopolitics, trade, finance and even environmental issues."-Maximilian Kaernfelt, Merics China Briefing Newsletter

"[A]s Matthew Klein and Michael Pettis argue in their brilliant polemic Trade Wars Are Class Wars, industrial policy instruments are only part of the story."-Adam Tooze, London Review of Books

"A well-written, highly recommended, and thought-provoking book."-Ian Bright, Reading Room for the Society of Professional Economists

"This timely analysis should be of interest to policymakers as well as to scholars in economics, political science and international relations."-Luqman Saeed, Journal of Peace Research

"Trade Wars Are Class Wars is a tale of three economies, China, Germany and the US. . . . It's a terrific book."-Enlightened Economist

Winner of the Lionel Gelber Prize, sponsored by Munk Centre for International Studies

"An erudite, original, and provocative explanation of the global economic imbalances that have been at the root of numerous financial crises."-Ernesto Zedillo, director, Yale Center for the Study of Globalization

"This is a book that everyone concerned with the global economy should read. A fascinating account of the damage that rising inequality-especially in China and Germany-has done to all our economies."-Dani Rodrik, Harvard University

More in Economics

How the World Works - Noam Chomsky

RRP $26.99

$22.99

15%
OFF
To Be Honest - Dom Thurbon

Paperback

RRP $32.99

$26.75

19%
OFF
Principles of Economics - Richard Holden

$206.99

Muskism : A Guide for the Perplexed - Quinn Slobodian

RRP $59.99

$45.75

24%
OFF
The Anarchy : The Relentless Rise of the East India Company - William Dalrymple
The Culture Code : The Secrets of Highly Successful Groups - Daniel Coyle
Collapse : The Fall of the Soviet Union - Vladislav M. Zubok

RRP $30.95

$25.75

17%
OFF
The Bookseller at the End of the World - Ruth Shaw

RRP $34.99

$28.75

18%
OFF
The Trading Game : A Confession - Gary Stevenson

RRP $26.99

$22.99

15%
OFF
The Common Good Economy : A New Compass - Mariana Mazzucato

RRP $39.99

$31.75

21%
OFF
Technofeudalism : What Killed Capitalism - Yanis Varoufakis

RRP $26.99

$21.99

19%
OFF
The Serviceberry : An Economy of Gifts and Abundance - Robin Wall Kimmerer
The Changing World Order : Why Nations Succeed or Fail - Ray Dalio
Traction : Get a Grip on Your Business - Gino Wickman

RRP $34.99

$28.75

18%
OFF