Matthew C. Klein is the economics commentator at Barron’s. He lives in San Francisco, CA. Michael Pettis is professor of finance at Peking University’s Guanghua School of Management and a senior fellow at the Carnegie Endowment for International Peace. He lives in Beijing.
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.
##像一個巨大的吸入泵的作用,到1920年代末,社會生產的財富愈來愈多集中在少數人手裏。這個在早期起到了資本積累的作用。但是,通過剝奪大眾消費者的購買力,這些資本積累者也喪失了對其生產的產品的有效需求,進而也喪失了支持其進一步增加實體資本積累的基礎。結果就像一場一...
评分##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 评分##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 评分 评分 评分 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。
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