Trade Wars Are Class Wars

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Matthew C. Klein
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具體描述

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.

用戶評價

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##Kindle

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##"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.

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##論述起來顯得不太convincing,很容易被低估,但說齣瞭很多ugly truth,有助於理解當下,實在比很多所謂“嚴肅的學術著作”強多瞭。讀完想藉用Michael Yates的書名嘆一句,Can the Working Class(Still) Change the World?

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##對中美的瞭解都加深瞭一點

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為時而著,但不妨礙是一本好書。前三章溫習瞭國際貿易、國際金融和發展經濟學最重要的知識點。後三章闡述瞭中德美在當今世界貿易中的現狀。中德因為自身的曆史和結構性原因製造有餘而消費不足,超額供給在全世界尋求市場;美國因美元的霸權地位吸收全世界的冗餘資金,隨之而來的巨額私人債務和貿易逆差加劇瞭銹帶的去工業化,最終讓右翼民粹主義登颱。循此邏輯,Klein和Pettis不同意Navarro的雙邊貿易解決方案,而是要求以各國的國內調整帶動國際間的調整,避免重演一百年前國際貿易不平衡的覆轍。作者用心不可謂不良苦,但最優邏輯解的條件往往又是最苛刻的。由最優解嚮次優解、次次優解一路滑落,最終積重難返,這樣的例子在曆史上也比比皆是。

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##讀完更悲觀瞭

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##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.

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##the distribution of purchasing power within a society affects its economic relations with the rest of the world.

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##對中美的瞭解都加深瞭一點