Trade Wars Are Class Wars

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Trade Wars are Class Wars

Matthew C. Klein,Michael Pettis
Trade Wars are Class Wars Book PDF

Author : Matthew C. Klein,Michael Pettis
Publisher : Yale University Press
Page : 292 pages
File Size : 44,9 Mb
Release : 2020-01-01
Category : Business & Economics
ISBN : 9780300244175

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Trade Wars are Class Wars by Matthew C. Klein,Michael Pettis Pdf

"This is a very important book."--Martin Wolf, Financial TimesA provocative look at how today's trade conflicts are caused by governments promoting the interests of elites at the expense of workers Longlisted for the 2020 Financial Times & McKinsey Business Book of the Year Award "Worth reading for [the authors'] insights into the history of trade and finance."--George Melloan, Wall Street Journal 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.

Trade Is War

Yash Tandon
Trade Is War Book PDF

Author : Yash Tandon
Publisher : OR Books
Page : 224 pages
File Size : 50,9 Mb
Release : 2015-06-04
Category : Political Science
ISBN : 9781939293824

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Trade Is War by Yash Tandon Pdf

"This impressive study focuses on Africa, which has suffered hideous crimes. Yash Tandon’s case is a powerful one, and can be extended: The global class war that is institutionalized in the misnamed 'free trade agreements' is also a war against the traditional victims of class war at home. The resistance, in Africa and elsewhere, which Tandon describes here, is a source of hope for the future." —Noam Chomsky "A necessary and timely contribution which goes to the roots of the deep crises we face as humanity." —Vandana Shiva "... understand that 'trade is war' as Yash Tandon beautifully explains in this important book." —Samir Amin Globalization has reduced many aspects of modern life to little more than commodities controlled by multinational corporations. Everything, from land and water to health and human rights, is today intimately linked to the issue of free trade. Conventional wisdom presents this development as benign, the sole path to progress. Yash Tandon, drawing on decades of on-the-ground experience as a high level negotiator in bodies such as the World Trade Organization (WTO), here challenges this prevailing orthodoxy. He insists that, for the vast majority of people, and especially those in the poorer regions of the world, free trade not only hinders development – it visits relentless waves of violence and impoverishment on their lives. Trade Is War shows how the WTO and the Economic Partnership Agreements like the EU-Africa EPA and the Transatlantic Trade and Investment Partnership (TTIP) are camouflaged in a rhetoric that hides their primary function as the servants of global business. Their actions are inflaming a crisis that extends beyond the realm of the economic, creating hot wars for markets and resources, fought between proxies in Africa, Asia, Latin America, the Middle East and now even in Europe. In these pages Tandon suggests an alternative vision to this devastation, one based on self-sustaining, non-violent communities engaging in trade based on the real value of goods and services and the introduction of alternative currencies.

Capital Wars

Michael J. Howell
Capital Wars Book PDF

Author : Michael J. Howell
Publisher : Springer Nature
Page : 316 pages
File Size : 55,5 Mb
Release : 2020-03-24
Category : Business & Economics
ISBN : 9783030392888

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Capital Wars by Michael J. Howell Pdf

Economic cycles are driven by financial flows, namely quantities of savings and credits, and not by high street inflation or interest rates. Their sweeping destructive powers are expressed through Global Liquidity, a $130 trillion pool of footloose cash. Global Liquidity describes the gross flows of credit and international capital feeding through the world’s banking systems and wholesale money markets. The huge jump in the volume of international financial markets since the mid-1980s has been boosted by deregulation, innovation and easy money, with financial globalisation now surpassing the peaks of integration reached before the First World War. Global Liquidity drives these markets: it is often determinant, frequently disruptive and always fast-moving. Barely one fifth of Wall Street’s huge gains over recent decades have come from earnings: rising liquidity and investors’ appetite for riskier financial assets have propelled stock prices higher. Similar experiences are shared worldwide and even in emerging markets, such as India, flat earnings have not deterred waves of foreign money and domestic mutual funds from driving-up stock prices. Now with central banks actively pursuing quantitative easing policies, industrial corporations flush with cash and rising wealth levels among emerging market investors, the liquidity theory of investment has never been more important. International spill-overs of these rapacious cross-border flows sets off capital wars and exposes the unattractive face of liquidity called ‘risk.’ As the world grows bigger, it becomes ever more volatile. From the early 1960s onwards, the world economy and its financial markets have suffered from three broad types of shocks – labour costs, oil and commodities, and global liquidity. Financial markets spin on fragile axes and the absence of liquidity often provides a warning of upcoming troubles. Global Liquidity is a much-discussed, but narrowly-researched and vaguely-defined topic. This book deeply explores the subject by clearly defining and measuring liquidity worldwide and by showing its importance for investors. The roles of central banks, shadow banking, the rise of Repo and growth of wholesale money are discussed. Additionally, covering the latest developments in China’s increasingly dominant financial economy, this book will appeal to practitioners, policy-makers, economists and academics, as well as those with a general interest in how financial markets work.

Avoiding the Fall

Michael Pettis
Avoiding the Fall Book PDF

Author : Michael Pettis
Publisher : Brookings Institution Press
Page : 172 pages
File Size : 48,6 Mb
Release : 2013-09-24
Category : Political Science
ISBN : 9780870034084

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Avoiding the Fall by Michael Pettis Pdf

The days of rapid economic growth in China are over. Mounting debt and rising internal distortions mean that rebalancing is inevitable. Beijing has no choice but to take significant steps to restructure its economy. The only question is how to proceed. Michael Pettis debunks the lingering bullish expectations for China's economic rise and details Beijing's options. The urgent task of shifting toward greater domestic consumption will come with political costs, but Beijing must increase household income and reduce its reliance on investment to avoid a fall.

Money, Capital Mobility, and Trade

Guillermo A. Calvo,Rudiger Dornbusch,Maurice Obstfeld
Money Capital Mobility and Trade Book PDF

Author : Guillermo A. Calvo,Rudiger Dornbusch,Maurice Obstfeld
Publisher : MIT Press
Page : 572 pages
File Size : 49,9 Mb
Release : 2004
Category : Business & Economics
ISBN : 0262532603

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Money, Capital Mobility, and Trade by Guillermo A. Calvo,Rudiger Dornbusch,Maurice Obstfeld Pdf

Essays by leading economists and scholars reflecting on Mundell's broad influence on modern open-economy macroeconomics.

Trade Wars Against America

William J. Gill
Trade Wars Against America Book PDF

Author : William J. Gill
Publisher : Greenwood
Page : 348 pages
File Size : 50,6 Mb
Release : 1990
Category : Business & Economics
ISBN : 0275933164

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Trade Wars Against America by William J. Gill Pdf

Unique in its breadth and scope, this volume provides a comprehensive history of U.S. trade and monetary policy from colonial times to the present. Gill examines the origins of the traditional protectionist policies that prevailed from the beginning of the Republic until 1913 and explores in detail America's experience with trade in the years from the end of World War I to the present day. Case histories of the experience of several U.S. industries in attempting to get the government to implement trade laws are drawn from the author's extensive involvement as a trade consultant. Gill asserts that U.S. economic might was built upon sound money and the overt protection of its industrial and economic base and that when protectionist policies have been abandoned--as in the Wilson and Reagan years--our economic position in the world has suffered. He calls for an end to the free trade zeitgeist of the 1980s, arguing instead for a renewed commitment to rational protection. Trade Wars Against America is chronological in approach. It begins by examining the protectionist policies of the early Republic; the War of 1812 as the first trade war after the Republic's founding; Andrew Jackson's struggle with the banking community over the conduct of trade and monetary policy; and the rise of protectionism after the Civil War and its culmination in the McKinley presidency, an era of unparalleled prosperity. Gill goes on to discuss the assault on the protectionist system by Woodrow Wilson and Edward House; the creation of the Federal Reserve Bank; the Trade Act of 1934 and its role in the Depression; and the supranational movement that culmiated at Bretton Woods and resulted in the creation of the World Bank, the International Monetary Fund, and the GATT--the Geneva-based organization implementing the General Agreement on Tariff and Trade. Finally, Gill looks at the period since World War II, concluding that trade wars are being waged against the United States primarily with the subsidies foreign governments give their industries to increase exports. Privately owned U.S. firms, Gill asserts, cannot effectively compete against government-owned or subsidized industries abroad.

Superpower Showdown

Bob Davis,Lingling Wei
Superpower Showdown Book PDF

Author : Bob Davis,Lingling Wei
Publisher : HarperCollins
Page : 441 pages
File Size : 49,5 Mb
Release : 2020-06-09
Category : Business & Economics
ISBN : 9780062953063

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Superpower Showdown by Bob Davis,Lingling Wei Pdf

This is the inside story of the US–China trade war, how relations between these superpowers unraveled, darkening prospects for global peace and prosperity, as told by two Wall Street Journal reporters, one based in Washington, D.C., the other in Beijing, who have had more access to the decision makers in the White House and in China’s Zhongnanhai leadership compound than anyone else. The trade battle between China and the U.S. didn’t start with Trump and won’t end with him, argue Bob Davis and Lingling Wei. The two countries have a long and fraught political and economic history which has become more contentious over the past three years—an escalation that has negatively impacted both countries' economies and the world at large—and holds the potential for even more uncertainty and disruption. How did this stand-off happen? How much are U.S. presidents and officials who haven't effectively confronted or negotiated with China to blame? What role have Chinese leaders, and U.S. business leaders who for decades acted as Beijing’s lobbyists in Washington, played in driving tensions between the two countries? Superpower Showdown is the story of a romance gone bad. Uniquely positioned to tell the story, Davis and Wei have conducted hundreds of interviews with government and business officials in both nations over the seven years they have worked together writing for the Wall Street Journal. Analyzing U.S.–China relations, they explain how we have reached this tipping point, and look at where we could be headed. Vivid and provocative, Superpower Showdown will help readers understand the context of the trade war and prepare them for what may come next.

Imperial Twilight

Stephen R. Platt
Imperial Twilight Book PDF

Author : Stephen R. Platt
Publisher : Vintage
Page : 592 pages
File Size : 43,8 Mb
Release : 2018-05-15
Category : History
ISBN : 9780307961747

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Imperial Twilight by Stephen R. Platt Pdf

As China reclaims its position as a world power, Imperial Twilight looks back to tell the story of the country’s last age of ascendance and how it came to an end in the nineteenth-century Opium War. As one of the most potent turning points in the country’s modern history, the Opium War has since come to stand for everything that today’s China seeks to put behind it. In this dramatic, epic story, award-winning historian Stephen Platt sheds new light on the early attempts by Western traders and missionaries to “open” China even as China’s imperial rulers were struggling to manage their country’s decline and Confucian scholars grappled with how to use foreign trade to China’s advantage. The book paints an enduring portrait of an immensely profitable—and mostly peaceful—meeting of civilizations that was destined to be shattered by one of the most shockingly unjust wars in the annals of imperial history. Brimming with a fascinating cast of British, Chinese, and American characters, this riveting narrative of relations between China and the West has important implications for today’s uncertain and ever-changing political climate.

Pemmican Wars

Katherena Vermette
Pemmican Wars Book PDF

Author : Katherena Vermette
Publisher : Portage & Main Press
Page : 52 pages
File Size : 53,9 Mb
Release : 2017-12-05
Category : Young Adult Fiction
ISBN : 9781553797357

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Pemmican Wars by Katherena Vermette Pdf

Echo Desjardins, a 13-year-old Métis girl adjusting to a new home and school, is struggling with loneliness while separated from her mother. Then an ordinary day in Mr. Bee’s history class turns extraordinary, and Echo’s life will never be the same. During Mr. Bee’s lecture, Echo finds herself transported to another time and place—a bison hunt on the Saskatchewan prairie—and back again to the present. In the following weeks, Echo slips back and forth in time. She visits a Métis camp, travels the old fur-trade routes, and experiences the perilous and bygone era of the Pemmican Wars. Pemmican Wars is the first graphic novel in a new series, A Girl Called Echo, by Governor General Award–winning writer, and author of Highwater Press’ The Seven Teaching Stories, Katherena Vermette.

The New Class War

Michael Lind
The New Class War Book PDF

Author : Michael Lind
Publisher : Atlantic Books
Page : 201 pages
File Size : 45,6 Mb
Release : 2020-02-20
Category : Political Science
ISBN : 9781786499561

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The New Class War by Michael Lind Pdf

An Evening Standard's Book of the Year 'A tour de force.' David Goodhart All over the West, party systems have shattered and governments have been thrown into turmoil. The embattled establishment claims that these populist insurgencies seek to overthrow liberal democracy. The truth is no less alarming but is more complex: Western democracies are being torn apart by a new class war. In this controversial and groundbreaking analysis, Michael Lind, one of America's leading thinkers, debunks the idea that the insurgencies are primarily the result of bigotry and reveals the real battle lines. He traces how the breakdown of class compromises has left large populations in Western democracies politically adrift. We live in a globalized world that benefits elites in high income 'hubs' while suppressing the economic and social interests of those in more traditional lower-wage 'heartlands'. A bold framework for understanding the world, The New Class War argues that only a fresh class settlement can avert a never-ending cycle of clashes between oligarchs and populists - and save democracy.

Provincial Trade Wars

K. Filip Palda
Provincial Trade Wars Book PDF

Author : K. Filip Palda
Publisher : Unknown
Page : 200 pages
File Size : 55,7 Mb
Release : 1994
Category : Business & Economics
ISBN : UOM:39015038433341

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Provincial Trade Wars by K. Filip Palda Pdf

This book explains why Canadians must rid themselves of interprovincial trade barriers. Canada's provinces do almost as much trade with each other as they do with the rest of the world. But trade between the provinces is harder than with foreign countries. We trouble our own house with an amazing variety of barriers: professionals and tradespeople cannot move freely and practice where they wish, regulation makes it hard for investments to flow to where they are most needed, provincial governments give contracts to local firms even though out-of-province firms can do the job at a lower cost, Ottawa pays the most generous UI to regions with the highest unemployment and thereby encourages people to stay in parts of the country with little promise. The effects of such barriers on the economy are difficult to measure, which may be the reason that little has been done about them. But Canadians cannot afford to ignore their costs. The European Community is very close to the goal of ensuring free trade among its members. Unless we unlock our potential we may fall behind other countries and communities that have recognized the importance of internal as well as external free trade.

War Is a Force that Gives Us Meaning

Chris Hedges
War Is a Force that Gives Us Meaning Book PDF

Author : Chris Hedges
Publisher : PublicAffairs
Page : 224 pages
File Size : 51,8 Mb
Release : 2014-04-08
Category : History
ISBN : 9781610395106

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War Is a Force that Gives Us Meaning by Chris Hedges Pdf

As a veteran war correspondent, Chris Hedges has survived ambushes in Central America, imprisonment in Sudan, and a beating by Saudi military police. He has seen children murdered for sport in Gaza and petty thugs elevated into war heroes in the Balkans. Hedges, who is also a former divinity student, has seen war at its worst and knows too well that to those who pass through it, war can be exhilarating and even addictive: “It gives us purpose, meaning, a reason for living.” Drawing on his own experience and on the literature of combat from Homer to Michael Herr, Hedges shows how war seduces not just those on the front lines but entire societies—corrupting politics, destroying culture, and perverting basic human desires. Mixing hard-nosed realism with profound moral and philosophical insight, War Is a Force that Gives Us Meaning is a work of terrible power and redemptive clarity whose truths have never been more necessary.

The Jungle Book

Miriam Bos
The Jungle Book Book PDF

Author : Miriam Bos
Publisher : Pan Macmillan
Page : 11 pages
File Size : 41,9 Mb
Release : 2016-03-08
Category : Jungle animals
ISBN : 9781509808366

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The Jungle Book by Miriam Bos Pdf

The wild adventures of Mowgli in Rudyard Kipling's The Jungle Book are well-loved, timeless tales of growing up and finding a place in the world. First Stories: The Jungle Book is a perfect introduction for young children to this classic story and its host of animal characters. Push, pull and slide mechanisms to bring the story to life and see favourite scenes in action. Mowgli, Baloo, Bagheera and of course the fearsome tiger Shere Khan are all beautifully imagined by Miriam Bos in her bold, appealing illustrations.Little ones can collect more books in the First Stories series, including Jack and the Beanstalk, Hansel and Gretel, and Puss in Boots.

The Children of NAFTA

David Bacon
The Children of NAFTA Book PDF

Author : David Bacon
Publisher : Univ of California Press
Page : 355 pages
File Size : 46,7 Mb
Release : 2004-03
Category : Business & Economics
ISBN : 9780520237780

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The Children of NAFTA by David Bacon Pdf

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The Future of the Euro

Matthias Matthijs,Mark Blyth
The Future of the Euro Book PDF

Author : Matthias Matthijs,Mark Blyth
Publisher : Oxford University Press, USA
Page : 369 pages
File Size : 45,6 Mb
Release : 2015
Category : Business & Economics
ISBN : 9780190233242

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The Future of the Euro by Matthias Matthijs,Mark Blyth Pdf

'The Future of the Euro' is an attempt by political economists to analyse the fundamental causes of the euro crisis, determine how it can be fixed, and consider what likely futures lie ahead for the currency. The book makes three interrelated arguments that emphasize the primacy of political over economic factors. It concludes that any successful long-term solution to the euro's predicament must start with the political foundations of markets.