Michael Pettis (@michaelxpettis), professor of finance at Peking University’s Guanghua School of Management and senior fellow at the Carnegie Endowment for International Peace, joins Sam to discuss his new book, Trade Wars Are Class Wars: How Rising Inequality Distorts the Global Economy and Threatens International Peace. While “trade wars” are often thought of as countries competing against one another to protect their workers’ interests, they are largely conducted on behalf of elites. In this book, Pettis examines how globalization impacts inequality and spurs international conflict, as well as what we can do about it.
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