Trade Wars Are Class Wars: Part I -- Hobson and Lenin on Imperialism

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After a hiatus, we return with a brief introduction to the thought and influence of JA Hobson, whose 1902 work "Imperialism" forms the intellectual pivot around which Pettis & Klein's "Trade Wars Are Class Wars" (2020, Yale University Press) presents its central thesis: inequality within countries intensifies trade conflicts between nations.

This is the first in a multi-part discussion on Pettis & Klein's thoughtful book, a polemical take on the roots and dangers of global trade imbalances. Connecting this research to our last discussion on Mahbubani, we ask: How does the macroeconomic picture painted by Pettis & Klein contribute to our understanding of the growing rivalry between the US and China?

Jason King provides the music you hear in After the 'End of History.'

 After the 'End of History' is part of the Hawks & Sparrows project. 

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