Trade Wars Are Class Wars

Why are trade wars actually class wars? In this episode, we dive into Matthew C. Klein and Michael Pettis's groundbreaking book, 'Trade Wars Are Class Wars'. We untangle the complex web of global trade, domestic inequality, and capital flows. Discover why chronic trade imbalances are driven not by lazy workers or unfair trade deals, but by domestic policies that suppress wages in favor of the ultra-wealthy. Learn how China, Germany, and the US are locked in a destructive cycle, and what we must do to fix it. Enjoyed this summary? Get the Summaia app to listen to any book as an audio summary, at the length and in the language you choose. Download it free: https://share.summaia.com/install?utm_source=podcast_en