Description
By: Jeff Rubin
From the #1 bestselling author of Why Your World Is About to Get A Whole Lot Smaller, a provocative, far-reaching account of how the middle class got stuck with the bill for globalization, and how the blowback—from Brexit to Trump to populist Europe—will change the developed world.
Real wages in North America have not risen since the 1970s. Union membership has collapsed. Full-time employment is beginning to look like a quaint idea from the distant past. If it seems that the middle class is in retreat around the developed world, it is.
Former CIBC World Markets Chief Economist Jeff Rubin argues that all this was foreseeable back when Canada, the United States and Mexico first started talking free trade. Labour argued then that manufacturing jobs would move to Mexico. Free-trade advocates disagreed. Today, Canadian and American factories sit idle. More steel is used to make bottlecaps than cars. Meanwhile, Mexico has become one of the world's biggest automotive exporters. And it's not just NAFTA. Cheap oil, low interest rates, global deregulation and tax policies that benefit the rich all have the same effect: the erosion of the middle class.
Growing global inequality is a problem of our own making, Rubin argues. And solving it won't be easy if we draw on the same ideas about capital and labour, right and left, that led us to this cliff. Articulating a vision that dovetails with the ideas of both Naomi Klein and Donald Trump, The Expendables is an exhilaratingly fresh perspective that is at once humane and irascible, fearless and rigorous, and most importantly, timely. GDP is growing, the stock market is up and unemployment is down, but the surprise of the book is that even the good news is good for only one percent of us.
From the #1 bestselling author of Why Your World Is About to Get A Whole Lot Smaller, a provocative, far-reaching account of how the middle class got stuck with the bill for globalization, and how the blowback—from Brexit to Trump to populist Europe—will change the developed world.
Real wages in North America have not risen since the 1970s. Union membership has collapsed. Full-time employment is beginning to look like a quaint idea from the distant past. If it seems that the middle class is in retreat around the developed world, it is.
Former CIBC World Markets Chief Economist Jeff Rubin argues that all this was foreseeable back when Canada, the United States and Mexico first started talking free trade. Labour argued then that manufacturing jobs would move to Mexico. Free-trade advocates disagreed. Today, Canadian and American factories sit idle. More steel is used to make bottlecaps than cars. Meanwhile, Mexico has become one of the world's biggest automotive exporters. And it's not just NAFTA. Cheap oil, low interest rates, global deregulation and tax policies that benefit the rich all have the same effect: the erosion of the middle class.
Growing global inequality is a problem of our own making, Rubin argues. And solving it won't be easy if we draw on the same ideas about capital and labour, right and left, that led us to this cliff. Articulating a vision that dovetails with the ideas of both Naomi Klein and Donald Trump, The Expendables is an exhilaratingly fresh perspective that is at once humane and irascible, fearless and rigorous, and most importantly, timely. GDP is growing, the stock market is up and unemployment is down, but the surprise of the book is that even the good news is good for only one percent of us.
You may also like
熱銷中 Top Trending
![Maisy's (正版) Holiday Picture Book Bag Collection (Lucy Cousins) - 買書書 BuyBookBook](http://buybookbook.com/cdn/shop/products/Maisy_sHolidayPictureBookBagCollection_LucyCousins_{width}x.jpg?v=1664268685)
![Maisy Goes on Holiday (Paperback) (Lucy Cousins) Walker UK](http://buybookbook.com/cdn/shop/products/MaisyGoesonHoliday1_a13ed30d-bac5-4f72-ad36-c06a517e2a9a_{width}x.jpg?v=1664268685)
Maisy's (正版) Holiday Picture Book Bag Collection (Lucy Cousins)
Sale priceHK$175.00
Regular priceHK$504.00
In stock![Ultimate Football Heroes - Ronaldo (Matt & Tom Oldfield)-Nonfiction: 人物傳記 Biography-買書書 BuyBookBook](http://buybookbook.com/cdn/shop/files/UltimateFootballHeroes-Ronaldo_Matt_TomOldfield_{width}x.webp?v=1713021985)
![Ultimate Football Heroes - Ronaldo (Matt & Tom Oldfield)-Nonfiction: 人物傳記 Biography-買書書 BuyBookBook](http://buybookbook.com/cdn/shop/files/UltimateFootballHeroes-Ronaldo_Matt_TomOldfield_2_{width}x.webp?v=1713021989)
Ultimate Football Heroes - Ronaldo (Matt & Tom Oldfield)
Sale priceHK$57.00
Regular priceHK$91.00
In stock![Pip and Posy (正版) Collection (Books with Audio QR Code* )(Axel Scheffler)-Fiction: 兒童繪本 Picture Books-買書書 BuyBookBook](http://buybookbook.com/cdn/shop/files/PipandPosy_Collection_BookswithAudioQRCode_AxelScheffler_10-Book_{width}x.webp?v=1714856885)
![Pip and Posy (正版) Collection (Books with Audio QR Code* )(Axel Scheffler)-Fiction: 兒童繪本 Picture Books-買書書 BuyBookBook](http://buybookbook.com/cdn/shop/products/PipandPosy_Collection_BookswithAudioQRCode_AxelScheffler_{width}x.jpg?v=1699212651)
Pip and Posy (正版) Collection (Books with Audio QR Code)(Axel Scheffler)
Sale priceFrom HK$249.00
Regular priceHK$671.00
In stock![Dork Diaries #02 Party Time (Rachel Renee Russell)-Fiction: 幽默搞笑 Humorous-買書書 BuyBookBook](http://buybookbook.com/cdn/shop/files/DorkDiaries_02PartyTime_1_{width}x.jpg?v=1714880146)
![Dork Diaries #02 Party Time (Rachel Renee Russell)-Fiction: 幽默搞笑 Humorous-買書書 BuyBookBook](http://buybookbook.com/cdn/shop/files/DorkDiaries_02PartyTime_2_{width}x.jpg?v=1699232256)
Dork Diaries #02 Party Time (Rachel Renee Russell)
Sale priceHK$67.00
Regular priceHK$104.00
In stock![Percy Jackson and the Olympians #6 The Chalice of the Gods (Rick Riordan)-Fiction: 神話傳說 Myth and Legend-買書書 BuyBookBook](http://buybookbook.com/cdn/shop/files/PercyJacksonandtheOlympians_6TheChaliceoftheGods_RickRiordan_{width}x.jpg?v=1714881796)
Percy Jackson and the Olympians: The Chalice of the Gods (International paperback edition)
Sale priceHK$89.00
Regular priceHK$140.00
In stock![Legends of Lotus Island #01 The Guardian Test (Christina Soontornvat)](http://buybookbook.com/cdn/shop/files/9781339041032_{width}x.webp?v=1716376443)
Legends of Lotus Island #01 The Guardian Test (Christina Soontornvat)
Sale priceHK$67.00
Regular priceHK$112.00
In stock![Brown: My Alter Ego Is A Superhero Book 1 (Håkon Øvreås)](http://buybookbook.com/cdn/shop/files/9781592702510_{width}x.jpg?v=1716306931)
Brown: My Alter Ego Is A Superhero Book 1 (Håkon Øvreås)
Sale priceFrom HK$64.00
Regular priceHK$80.00
In stock