The Trump II administration’s trade wars and framing of the dollar’s reserve status have accelerated concerns about the sustainability of the current monetary and trade system. Against a backdrop of various disintegrative tendencies, our new book Deweaponizing Interdependence: Bringing the Idea of International Clearing Union into the Twenty-First Century reintroduces the concept of an International Clearing Union (ICU) and offers an important overview of critical approaches to the prevailing monetary system.



