Show Notes
- Amazon USA Store: https://www.amazon.com/dp/B087D5F3MJ?tag=9natree-20
- Amazon Worldwide Store: https://global.buys.trade/Trade-Wars-Are-Class-Wars-Matthew-C-Klein.html
- Apple Books: https://books.apple.com/us/audiobook/trade-wars-are-class-wars-how-rising-inequality-distorts/id1642887286?itsct=books_box_link&itscg=30200&ls=1&at=1001l3bAw&ct=9natree
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#tradewarsandclassconflict #globalcurrentaccountimbalances #incomeinequalityandsavingsexcess #exportledgrowthandwagesuppression #globalizationandfinancialinstability #TradeWarsAreClassWars
Trade Wars Are Class Wars: How Rising Inequality Distorts the Global Economy and Threatens International Peace by Matthew C. Klein and Michael Pettis is a nonfiction economics book that challenges the usual way trade disputes are explained. Rather than treating tariffs and trade conflicts as simple clashes between nations, the authors argue that many of these tensions come from domestic policy choices that redistribute income toward elites and away from workers. The result is not only social inequality, but also persistent savings imbalances, weak household demand, higher debt, and trade conflicts that spill across borders. Drawing on macroeconomics, history, and international political economy, the book examines how the United States, China, and Europe became locked in a system where internal class tensions shape global outcomes. Its purpose is both analytical and corrective: to reframe trade wars as consequences of inequality and to show why solving them requires more than slogans about free trade or protectionism.