Trade Wars Are Class Wars

In this thought-provoking audiobook, Matthew C. Klein and Michael Pettis explore how modern trade conflicts stem from domestic political decisions that prioritize the interests of elites over those of workers. They trace the origins of current trade wars through 30 years of political choices in China, Europe, and the United States, highlighting the growing divide between the wealthy and everyday citizens struggling with job loss and debt. By challenging conventional views, the authors reveal how rising inequality poses risks not just to the economy, but to global stability as well, while offering insights on potential solutions.