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.
##拉里荐书系列。几乎从国际贸易的角度讲了一遍资本主义现代史。讲中国和美国的部分稍微有点陈词滥调,德国聊的不错。前三章对贸易经济学和现代企业在贸易中角色的综述也棒极了,甚至可以作为一本放在书架上经常参考的工具书。
评分##论述起来显得不太convincing,很容易被低估,但说出了很多ugly truth,有助于理解当下,实在比很多所谓“严肃的学术著作”强多了。读完想借用Michael Yates的书名叹一句,Can the Working Class(Still) Change the World?
评分##和great rebalance一样的理论框架,可搭配看。没太涉及class war 和inequality,两者只是作为产能/储蓄剩余的起因被讨论。
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##前面三章开启新世界大门,后面就zhujian 开始摆烂
评分##前面三章开启新世界大门,后面就zhujian 开始摆烂
评分##普选制的特点就是不管贫富悬殊是人都有一票,所以哪怕全球资本已经是让一批美国人先富起来了,还是要转过身哄好这批被时代抛弃的同胞,反正是那帮民主党人、邪恶帝国在搞火。美式愚民,哑然失笑。
评分##the distribution of purchasing power within a society affects its economic relations with the rest of the world.
评分##台版
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