[Ebook] The World Is Flat A Brief History of the Twenty first Century By Thomas L. Friedman – serv3.3pub.co.uk

[Ebook] The World Is Flat A Brief History of the Twenty first Century By Thomas L. Friedman – serv3.3pub.co.uk ➺ The World Is Flat A Brief History of the Twenty first Century Free ➰ Author Thomas L. Friedman – Serv3.3pub.co.uk The World Clock — Worldwide World time and date for cities in all time zones International time right now Takes into account all DST clock changes The World Is Flat | Thomas L Friedman The World Is The World Clock — Worldwide World Is Flat PDF/EPUB ä time and date for The World Epub / cities in all time zones International time right now Takes into World Is Flat Epub Ý account all DST clock changes The World Is Flat | Thomas World Is Flat A Brief PDF \ L Friedman The World Is Flat is an essential update on globalization its opportunities for individual empowerment its achievements at lifting millions out of poverty and its drawbacks–environmental social and political powerfully illuminated by the Pulitzer Prize–winning author of The Lexus and the Olive Tree The World Is What It Is The Authorized Biography The World Is What It Is adds depth and clarity to the discussion of Naipaul’s work French has met his own rigorous standards and one feels Sir Vidia’s as well” —Allen Barra Bookforum “A monument to Naipaul; it is also a disturbing portrait of a fussy resentful emotionally ruthless man” —Matthew Price The National “Must be the frankest authorized biography of The World Is Yours Font | dafontcom The World Is Yours Font | dafontcom English Franais Espaol Deutsch Italiano Portugus Login | Register Themes New fonts Authors Top Forum FA Submit a font Tools matching reuests on the forum The World Is Yours Custom preview Size The World Is The World is Fun The World is Fun also known as TWIF is on a mission World Is Flat A Brief PDF \ to get you involved in the Seattle community through fun events and volunteering The world is his oyster Idioms by The Free Definition of the world is his oyster in the Idioms Dictionary the world is his oyster phrase What does the world is his oyster expression mean? Definitions by the largest Idiom Dictionary What does the world is his oyster expression mean? Out of China The world is better prepared than Out of China The world is better prepared than ever to stop the Wuhan coronavirus But its true dangers will not be known for some time Leaders Jan Why the world is becoming allergic to food There is no single explanation for why the world is becoming allergic to food but science has some theories One is that improved hygiene is to blame as children are not getting as many The World of Otome Games is Tough For Mobs This world is freaking hilarious The world is the same world settings as the mentioned otome game but for some reason the gender morale standpoint between man and woman has been reversed and women now capable of being an arse like usual man from the middle age novel settings It completely get my attention Sleeping tiger vs the world of ar Google Google allows users to search the Web for images news products video and other content.


10 thoughts on “The World Is Flat A Brief History of the Twenty first Century

  1. Jim Fonseca Jim Fonseca says:

    An oldie but a goodie; this non fiction book was popular a few years ago 2005 I read it then and took notes By “flat” he means super interconnected through technology communications trade etc Some notes Ten forces that flattened the worldRemoval of the Berlin Wall 1989The world wide web starting with NetscapeWork flow softwareThe ability to upload local goes globalOutsourcing – you can run a million dollar business without a single employeeOffshoring – tech guys overseas Supply chaining – aka “just in time delivery” so you don’t have to have money tied up in warehousing In sourcing – UPS buys its own fleet of planesIn forming Yahoo and Google search enginesWe’ve gone digital mobile personal and virtual The Triple Convergence that brought about the flat worldFirst interconnecting of machines and techniues that had been around earlier leading to the fax scanner and Xerox Of course invention is always like that – multiple people were working on the telephone with so many pieces lying aroundSecond the gradually increasing impact of computers; for years they did not actually reduce staffThird the gradual bringing of everyone worldwide into the gameCountries that want to benefit from flatness have to get three things rightTechnological infrastructure to interact with the rest of the flat worldEducation and trainingLegal structure taxation intellectual property rights etc A good book and very readable A bit long almost 600 pages photo from wallpaper gallerynet


  2. * * says:

    No longer using this website but I'm leaving up old reviews Fuck Jeff Bezos Find me on LibraryThing tried to plow through this book but Thomas Friedman is the most brain dead parrot of the ruling class I have ever known so I couldn't finish itHis view of globalization is that now thanks to the paternalistic global order constructed by US multinational corporations there is cultural and monetary things of worth out there in the vast unexplored jungles of savagery called not the United States As an ahistorical text that ignores the fact that elites have been trading from Occident to and from Orient for hundreds of years the book ignores entirely the poorHow wonderful it is to be ruling class in this new era where poor people from all over the world can service the rich like Friedman What an asshole


  3. Riku Sayuj Riku Sayuj says:

    The World is Not Flat PrecisA big project was started in the post war world to let countries grow and prosper and compete without using wars to do so That was the project of globalization A sub or lead project under that was the European Union Friedman’s famous book was the recent victory cry for the Globalization Project a chest thumping if ever there was oneHowever any keen observer would by now have concluded that the project was riddled with flaws But that is not to say that the vision itself was flawed It might be a better argument to say that the flaws are from the project being not fully carried through than from the fact of its existence as Stieglitz had argued elouently in his critiuesIn the video lecture below I use the crisis in the Eurozone to draw out some of the fundamental reasons why globalization has been winding along roads that lead nowhere for uite some time The concentrated nature of the Eurozone crisis and the fact that it is a rich country problem with all the proportional additional limelight allows us to see in that microcosm what half baked globalization has done to the haves and have nots among the nations of the world And by examining that it is hoped that we might also see that the solutions to globalization is perhaps not less but of the dosage undilutedSo here with a bit of shameless self promotion is the video Please help me improve by sharing feedback Caveat The rest of this review wont make much sense without first watching the videoDetailA single global market and complete economic integration would mean that the countries would be too tied in with each other to ever even consider further internecine warfare Surely no one would be daft enough to compromise their own interest so badly Solving the problems of a war ridden world by uniting it through trade That was right up the alley suggested by Adam Smith in his civilizing process Maybe trade and interdependence will get the world to behave That was the hope of the globalizing project that replaced mercantilist philosophy that preceded it And if any part of the world had to race to be civilized it had to be Europe whom Gandhi had ‘burn’ed famously with his uip Hence the European Project was to be the front runner the trail blazer the avant garde etcThe video above is a lecturediscussion wherein I argue that this European project was conceived as a roadmap to a fully integrated union that will replicate a US of A in Europe; and how the EU compromised on the tougher but necessary reuirements of such a project and tried to get by with stop gap solutions like convergence criteria and the like which in its turn were not enforced All this has led to a scenario which could derail not only the micro experiment EU but the macro experiment Globalization as wellThe European consolidation project rushed into first economic and then a monetary union while never slowing down to implement any integrated Fiscal controlstransfers This is also the case with much of the thrust of the globalization project with its emphasis on open trade and liberalizing capital flows across bordersIt was understood from the beginning that this was going to be an issue but it was hoped that it could be worked around Imposing any sort of fiscal control was too anathema to be considered It could easily be argued that any move in that direction would nip the project in the bud with the nationalistic European Governments running away from any suggestion that dilutes sovereignty as muchAn Overdose of Fiscal DisciplineThis meant that a lot of fiscal discipline was attempted not by direct control but indirectly in the form of membership criteria The focus on such fiscal rules had been justified by two beliefs1 That inside a single currency union with a common exchange rate monetary policy interlinked interest rates and market integrated enough to cause contagion concerns the fiscally irresponsible were less likely to be castigated by markets that might otherwise loose confidence and move away from investing in countriescurrencies in danger of running into problems of high inflation or debt2 That such a country that got into trouble would not be able to devalue currency or adopt lose money policies and would also not enjoy the sorts of automatic transfers that operate in federal countries Then the only real option to absorb a shock would be greater borrowing by the government at the reduced interest rates available to them from market being laxClearly focusing on debt to GDP figures and enforcing strict limits seemed the best way to overcome the problems of an EMU that is not a Federal unionPlenty of Gaps in Financial RegulationHowever some of the gaps as far as Banking and Financial system was concerned was ignored for too long in all this concern for Fiscal discipline The new unified market and banking system under the ECB that was being created could not be said to have any sort of full fledged monetary policy capacity since the ECB was not even given overall responsibility for bank supervision which stayed at national level an arrangement that has since been deemed unsatisfactory with the planned “banking union” giving supervision of most large European banks to the ECB It also had no obligation to act as the system’s lender of last resort nor was there any sort of deposit insurance system that was instituted Without a Central Bank’s capacity to conjure money out of thin air the system was left with no one with the capacity and obligation to protect the banking system the depositors and the sovereigns a huge potential problem once it took over the operation of monetary policy from national central banks Without these basic functions and powers how can a central bank truly regulate What mechanism can it have?Moreover the ECB’s one size fits all interest rates and exchange rates is a one size fits none arrangement at the same time is might be too low for Germany and other strong economies and too high for weak Mediterranean countries like Greece with debt problems or at other times too low for overheating countries like Greece but too high for Germany The German domination over the ECB also meant that loose money policy especially radical measures like a dose of American style uantitative easing was mostly anathemaEnforcement? What is that?Then to add on to these problems came laxity in enforcement the fiscal criteria encapsulated in not so bad ass sounding schemes like the “excessive deficit procedure stability and growth pact etc However from the very beginning the rules against excessive deficits and public debt levels were interpreted flexibly And once Germany and France colluded to block any official rebuke or sanctions for letting their budget deficits rise above the Maastricht ceiling of 3% of GDP and rendered it toothless the gutting of the Fiscal reuirement were complete From then on so the story goes all semblance of fiscal discipline was abandonedAll this meant that problems were only waiting to happen And the relaxed entry of some of the mediterranean countries one does not say no to Plato helped precipitate this very fastGreece The Petri Dish CaseThe circumstances that led to the Greek crisis via the good pre 2008 times and the way it was handledbotched is used as an example to show up some of these flaws and deficiencies and to highlight what needs to be done to make EU a success The Blame GameIt is argued that the blame should be placed on both1 those who created such a death trap of a currency union to begin with followed by the reckless borrowers and the irresponsible lenders of the first decade of EMU2 the lax policy response later from the ECB IMF and the stronger nations of the EU who could have limited the fallout but failed to act decisivelyIt is true that the  deficit countries used the low interest rates unproductively and profligately Not to mention the fact that the complacent financial markets utterly failed in their allocation of credit and calculations of risk Getting markets to impose discipline on governments had been one reason for enshrining the no bail out rule and forbidding the ECB from monetizing government debt But this plan didn’t take into account the irrationality of markets flush with overconfidence and easy money in the pre 2008 global economyDiscipline the MarketsGreece was plainly bankrupt Its debt should have been cut early and decisively rather than late and messily thereby giving private creditors the chance to dump Greek bonds The losses would thus fall on those that lent the money to uncreditworthy countriesThis would have hurt the bad lenders early and made them wary of speculation contaminated by plenty of moral hazard It is important to enforce discipline on the rogue elements of the markets first if you expect markets to enforce discipline on the sovereigns whether it be in the local pond of the European bond market or the larger international waters where the sharky portfolio investors huntThe Austerity uestionAnd finally the bail outs of the lenders than the borrowers in many ways made the mistake of enforcing procyclcical austerity measures only worsening the recessionary impact of the economic cycle and plunging Greece further into the debt trap With no functional monetary policy and toothless fiscal policy once lending capacity was compromised Greece had no options but to keep accepting the loans and the conditionsThe Dark Future of GrexitAfter this a few future options for Greece are discussed including the specter of GrexitEven if it may seem so today it unlikely that the EU’s single market would survive the domino effect led implosion and it would probably be followed by capital controls trade barriers and possibly a return to world of mercantilismAvoiding the Doomsday; Preventing RadicalismHow to avoid such a scenario? It would reuire straightening the accountability and safety in the financial system as is already in the works with talks of a “banking union But what is also needed are the basics of a federal budgeting process that provides public goods and redistributes income between rich and poor citizens and states The EU has a tiny budget no power of taxation and no powers to borrow And the eurozone has no budget at all even a modest one that could make transfers when countries suffer a downturn in the form of unemployment insurances etcThis would protect countries hit by the flaws of EU to escape the worst of the problems that afflict its citizens such as high unemployment This would then allow protection against the kind of civil unrest that took place in Greece Besides it would also prevent the easy radicalization of politics that happen in countries where the citizens have to endure clear and present hardship even as neighboring nationals seem to living in prosperity Slow growth and high unemployment have been radicalizing politics and intensifying rejection of both national and European politicians So the next crisis may well be political Anti EU anti immigrant and anti establishment parties of all colors are on the rise Only a EU level budget to protect the losers of “globalization” can help fight this tendency that can easily lead to protectionism across the weaker economies and thus soon among the stronger economiesIntrusive EconomicsInstead of these steps the “economic governance” created in recent years is a soup of incomprehensible jargon six pack two pack fiscal compact Euro Plus Pact European semester annual growth survey excessive deficit procedure macroeconomic imbalances procedure “contractual arrangements” for reform and much All this amounts to an unprecedented intrusion by an unaccountable EU bureaucracy that satisfies nobodyJust as in the case of globalization the nations on the periphery are and afraid that the run of the core economic system is being run by the in countries and their institutions that increasingly the European Union and the euro zone are deciding matters without sufficient democratic control As the eurozone or the western world with respect to globalization integrates further and intrusively it is running into a huge potential row about the legitimacy and democratic accountability of its actions Indeed it is this rather than the financial markets that could pose one of the biggest risks to the EU’s future As we can see the same concerns are present if we examine the international institutions such as WTO IMF and the United Nations The intrusions are inevitable and lack of democratic control only precipitates fear and distrust from the out group countries which happen to be most of the worldThe eurozone’s financial system was sufficiently integrated to spread contagion but not integrated enough to provide resilience It has no central budget or other means of absorbing asymmetric shocks that hit one or two countries disproportionately Hence when the crisis hit the euro zone had no means of giving assistance to countries that got into troubleA bit of imagination should suffice to see how each of these conditions of integrated markets contagion and no resilience applies to the globalized international markets as well Greece paid a disproportionate price of the US’ regulatorial slackness and the 2008 crisis so did many others across the globe There was no system to make sure that they were protected in some manner The markets are irrational and the international institutional system is built on a willful ignorance of this fact We cannot have true globalization with only markets running it just like couldn’t have had any sort of true democracy if it was merely laissez faire that guaranteed itGlobal Federalism?The eurozone and the globalizing world should look to the United States and ask itself why does the prospect of default by one state not call into uestion the existence of the dollar? The short answer is that the United States is a single federal country while the euro zone is a much looser confederation of sovereign countries who are willing to contaminate one another but not willing to help one another outEurope’s real folly and the folly of the globalization project as a whole was not to look for the gains from opening up of trade financial integration exchange rate stability and economic efficiency even if they might have been overstated The madness was to believe that these benefits could be obtained on the cheap without the political constraints economic flexibility financial transfers and risk sharing mechanisms of genuine integrated markets ie federationsClearly the answer is in some sort of Federalism not only for the Eurozone but also for the world? And it is worth building and fastAfter all Europe’s and globalization’s malaise is not one that time alone can heal Delay is likely to make things worse not better Even if the the financial panic is kept in abeyance the economic and political crises may well deepen Right now the political momentum is towards fragmentation not integration Unless the euro zone and by extending the argument the globalized world economy is redesigned with greater determination in particular through greater risk sharing it is unlikely to recover economic vitality And unless the euro and globalization can be shown to deliver prosperity and well being public support for the EU Project and the Globalization Project will inexorably ebb awayThe eurozone crisis has the potential to destroy the European project Something of great value may thus be lost through carelessness or timidityThe Grecian ProdBut on the other hand it also has the potential to prod Europe and the broader world into uickened action to make sure that economic integration is attended by fiscal safety nets and fast reductions in the accumulating democratic deficit with respect to the institutions that govern that economic integrationThe hope is that this realization and the prod for uicker action can be had from the high profile case of Greece where most of the flaws and the urgent reforms have been highlighted Hopefully Europe will stop finding its way gradually like a blind man stumbling form one wrong turn and crisis to another before stumbling on the right room and instead sit down and chart out a roadmap for the destination it really wants to reachThe steps to this are laid out as first having a system of transfer in place via ECB first by making it a lender of last resort and then moving to a integrated fiscal union and eventually a political union by the gradual addition of democratic accountability A dreamy euro federalist vision is thus put forth and it is hoped that it does not bring forth much derision from the realist among the viewersAll this can thus be connected back to the idea of globalization with a hope that eventually we might achieve similar results for the world as a whole In short the euro federalist dream is extended to include another dreamy hope that the nation state system that was propagated by Europe will hopefully be transcended by the same Europe The EU experiment has much significance it the grander scheme of things on how the world will look like a century or so from now and the best sort of effort has to be made to make it work even at the cost of some sovereignty or prideThe World is Not FlatAnd one last thing Before someone asks “Why review this book for discussing all this?” let me answerFriedman argued that the world is flat — because of GlobalizationHowever this whole argument would indicate that the world is not flat because Globalization is not complete it is not even past the first leg of the race And the flattening of the world wont happen unless we aim for real globalization unless the race is fully run all the hurdles jumpedThe world needs a lot flattening to even out the very rough edges — the edges that cut all too easily This is because flatness is not based on merely economic or trade considerations It has to be based on democratic accountability when clearly the international organizations are going to have an ever intrusive role in national mattersIf not the opposite would result — the nations would reject the international organizations and challenge their legitimacy And the whole project depends on this legitimacy not being challenged It could be that occasional prosperity might dampen the force of these uestions but in an integrated world crises will surely be common and so will contagion and then the only thing that can save the institutions and the whole globalized system is accountability and true democratic legitimacy Globalization has to be built on democratization and not merely on ships or aviation fuelThat then was a bloated summary of a video which is in fact much simpler and non technical Again pls do watch the video and let me know if it was fun


  4. Punk Punk says:

    Non Fiction Friedman explains to us over and over how globalization has effectively turned the world into a very very small place I was okay with his metaphor of a flat world at first but over time it started to irritate me It's neither elegant nor practical No matter how many virtual conference rooms you have in a flat world it's still going to take forever to get material goods moved from China to the US unlike our current round model; later he even starts to talk about how some parts of the world are unflat ow my head but still his point remains digitization miniaturization virtualization and personalization have conspired to make our planet very small indeed metaphorically speaking For the most part Friedman has a highly romanticized view of globalization looking at it as of a fascinating academic theory than a real force and only talking to people who have benefited from the rampant outsourcing and supply chainingThe first two thirds of this book suffer from a distinct lack of real world conseuence It's all happy anecdotes and economic theory which isn't exactly Friedman's strong point Because of this it took me about six months to read was constantly inspiring me to nap and was just generally twice as long as it needed to be Friedman makes up a lot of jargon going as far as to repurpose common words for his own obliue purposes and it can be difficult to remember what he's talking about at any given moment The other problem is Friedman's scope and focus When I read non fiction I like each chapter to have a thesis Friedman prefers to wander up and down the page make the same point several times dump a lot of irrelevant statistics on me and then scurry off to deliver a glancing blow to a new perspective only to doggedly return to his original thrice made point as if I hadn't gotten it the first two timesBut if you can make it through all that cold hard reality shows up in the third act and things finally get interesting Friedman admits that only2% of Indians are employed in the technological industry he was so happily touting just a few chapters before He admits that the world is not entirely flat and that it may never become fully flat due to poverty war or simple fear He talks about the ramifications of a flat world the ways it can go wrong how terrorist networks take advantage of the same readily available work force and supply chain that Dell or Infosys does He takes the first two thirds of the book and puts it into context This part I read in just three days This is the part I can use Globalization isn't just about Americans losing jobs It's so much bigger than that It's about the flow of information about vulnerability and anger about global responsibility Those last hundred and fifty pages were worth struggling through the first three hundred but only highlight how The World is Flat is mishmash than structured thesisThis gets two stars for the first two thirds of the book and four stars for the last third giving it an average of three stars


  5. Jason Koivu Jason Koivu says:

    Fucking flat earthersOh wait that's not what he means? All right maybe I'll read itThat was me about five or so years ago when friends kept insisting I read The World Is Flat by Thomas Friedman Finally when my wife recently bought tickets to a local Friedman talk I resolved to read the damn thingI'm glad I did It's really good I'm not saying it's prefect I'll get to that in a minute but this is a must read at least for a certain few people with their heads in the clouds For one it's a great book for folks who don't understand what has happened since the advent of the internet Give this as a gift to your dad or gramps If they don't use it as a doorstop they'll get a hell of an education on the modern ways of business and sociability The other group of people that need to read this or really any book like this are those cretins who troll lurk and spew upon the comment section of news articles online Everybody seems to have an indisputable unshakable opinion that they take for fact and which they feel the need to spray all over the internet They are the modern version of every family's uncle from the good ol' days who would show up at family events and holidays seemingly for the sole purpose of annoying everyone else while starting an argument with another alpha male about politics religion economics and any other myriad of topics that most sane people know is off limits around family and friends you wish to retain as such The real crime in all this is that they don't usually know what the fuck they're talking about They have one biased uninformed talking point on whatever the subject is they'll let you hear itSo yes I do feel like a book like this is helpful for a segment of the population especially in these particularly stupid days in the American dark ages The problem is at 600 pages this book is 300 pages longer than it needs to be The World Is Flat A Brief History of the Twenty first Century is not brief That's because it's written as a journalist would write a book This is a book length feature article Friedman makes a statement maybe backs it up with data and then gives an example via a full blown biography on a business or entrepreneur It's all good stuff Some of it's even enjoyable But it's than necessary for what's actually being said He could've done with less I honestly doubt I would've gotten through this if I hadn't gone with the audiobook version and had a cubic buttload of yard work to doNow that's not to say didn't enjoy this or that I didn't get something out of it I did I am getting old and so some of these whippersnappers with their new fangled gadgets befuddle me However I did grow up in the age when personal computers were first coming into the home I even had a Commodore 64 baby So I'm not at a total loss in the computer age On the other hand I am a bit of a recluse and I'm not big into global politics and the economy so sadly I am having to catch up on that and a book like this taught me a thing or two So let's call it a good stepping stone for the uninitiated


  6. Rick Rick says:

    The first big mistake I made was deciding to buy the 20 edition of the book updated and expanded Redundancy is one of the book’s signature features so updating and expanding it only compounds the sins of this feature My second big mistake was deciding to finish reading it after first running aground about half way through and taking a several month sabbatical to read worthy books All right I’m being testy It wasn’t such a big mistake Friedman is a smart guy but way too full of himself the book’s title is sufficient evidence of that—The World Is Flat too cute and not up to the belaboring it gets—and the false on three fronts humility of the subtitle The book isn’t brief and it is not a history nor is there any humility in the pretend irony of “A Brief History of the Twenty First Century” Indeed there is no humility in this book that isn’t a pretence designed to cast the author’s brilliance in finer relief And the man thinks he is Adam set loose in a new conceptual world where he is entitled to name anything and everything You can run out of fingers and toes even if you borrow those of friends and family counting the times Friedman begins a sentence or phrase with a variation of “something I like to call” I don’t know in the whole history of publishing if there is a writer who claimed coining so many phrases the majority of which are as pedestrian as they come It’s not just “flat world” and the concept of “flattening” or “the coefficient of flatness” it’s “Globalization 10” and it’s 20 and 30 descendents it’s “In forming” it’s “glocalization” it’s oh why go on This book had all the makings of an outstanding essay or two or three very good Sunday Times magazine features It’s got the trends in business technology and perhaps culture and politics right It’s by turns inspiring scary and tediously bloated It is a wearying self promotional exercise in over and over re stating what’s became obvious twelve anecdotes and 34 declarations ago The best part of the book and for me it’s only enduring redeeming value is its bookmark a Valentine’s Day card handmade by my fiancée But I don’t think that came with everyone’s copy


  7. Matthew Matthew says:

    Detailed thorough and very informative Friedman has a folksy style of journalism that brings complex business and social processes down to earth though he also has an undue penchant for coining obnoxious phrases like glocalize or Islamo Leninist Good for getting a grip on the major issues of globalization including things that affect you every day and you probably know nothing aboutBut you have to read between the lines Friedman is openly supportive of globalization and his presentation is generally from a corporate level perspective with only occasional sorties into the gritty realities of the people who suffer because of it I find his excessive focus on globalization's winners India and China disingenuous and his almost complete lack of any reference to Latin America and Africa disturbing I find it irritating that he fails to decode the euphemisms that his executive interviewees commonly use such as Wal Mart's CEO referring to its low cost business culture which means no healthcare for employees He has far too much faith in the magical power of markets to solve problems breezily dismisses most of the serious objections to the current trends and refuses to take seriously the social and psychological in addition to economic effects of globalization But that's my political bent; your mileage may varyThis book has two main problems unconnected to political philosophy First proponents of globalization especially journalistic trendcasters face an insoluble paradox By their own accounts what is happening right now is a drastic reorganization that is an order of magnitude larger than the Industrial Revolution an order of magnitude faster and accelerating all the time Yet they talk about these revolutionary developments as if the changes can be managed by reformed healthcare and education policies The Industrial Revolution was accompanied by massive dislocation population migrations revolutions colonialism wrenching poverty industrialized total war and so on If globalization is really so huge and so fast then pretending that the same or worse is not going to happen is just stupidSecond Friedman talks a lot about nations like India China and the US with detailed policy critiues and prescriptions but he seems to miss the logical result of globalization the death of the nation state The free flow of capital and the internationalization of labor pools means transnational corporations with money and power than governments with no national loyalties to tie them down and no serious rivals except each other The erosion of the nation state and the imagined communities upon which modern identities are based is as revolutionary a phenomenon as its formation in the first place and that will necessarily change everything I fail to understand why Friedman does not see the implications of the processes that he describesAnyhoo It's worth reading even if Friedman makes you as angry as he made me because at the least it brings up some issues that people should really start thinking about carefully


  8. Rachel Rachel says:

    Holy sh this book went on and on And on The world is flat oh yes I see But how flat is the world again Mr Friedman? Tell me once again exactly how flat is it? Really flat? You don't sayMaybe it's just me being a grad student for too long but I prefer my nonfiction books to have a list of references Perhaps a footnote or two But this book is just a series of anecdotes with some jargon thrown in Bangalorecuriosity uotientflattenersin formingBangalorecompassionate flatismglocalizationBangaloreBut that's apparently what he intended If you made it to page 629 in the 2006 version bonus flatness you might have noticed that Friedman approvingly uotes Stanley Fischer as saying that one good example is worth a thousand theories Uh what? That doesn't make any sense Freidman thinks so though; this book is a thousand good examples that add up to a few coherent theories Maybe the topic of globalization is just too broad to write concisely about or maybe Friedman was looking at way too many trees rather than seeing the forest But this book annoyed the hell out of me and it only got worse as it went onNot to say I wouldn't recommend it I mean read chapters 1 4 then just pick and choose what interests you in the middle and then read 15 17 because those actually say something new The book thoroughly covers globalization and the business world and America's place in the new economy It covers a lot of ground And mostly the ideas are great and well foundedI did get a little sueamish at times when Friedman's advocacy of free trade borders on trickle down meritocratic patriotic Republicanisms See p 496 The inspirational power of a local business success story is incalculable There is no greater motivator for the poor than looking at one of their own who makes it big and saying If she can do it I can do it' But his heart is in the right place I think See p 265 a policy of free trade while necessary is not enough by itself It must be accompanied by a focused domestic strategy aimed at upgrading the education of every American so that he or she will be able to compete for the new jobs in a flat world I can agree with thatBut really if you're under 30 you need to read this book like you need a hole in the head You've been living it Go read a blog


  9. JC JC says:

    I consider myself a bit of a tech nerd I love any new technology that is designed to enhance my life I can't imagine life before my cell phone my iPod and my mac I love flat panel monitors digital cameras and satellite radio As such I considered myself pretty up on the latest technological advances After reading this book I realized that not only is technology affecting my life than I was aware but it is also changing the way the whole world interacts This book explains in laymens terms I could understand that technology is changing the world on an almost daily basis and only the nations that are able to keep up will be able to compete in the new economy This book is entertaining AND enlightening in a way that I was completely engrossed from the first chapter Thomas Friedman's writng style is intelligent yet non condescending I recommend this to anyone whether you're a techno geek or if you're just curious about how UPS works or even if you're wondering who the heck you're speaking with when you call Tech Support This book should almost be reuired reading PS I'm new to goodreads so i will have plenty reviews to come This is just one of my recent favorites


  10. Patrick Patrick says:

    Friedman's basic thesis is that the internet revolution has shifted globalization from the era of multi national companies to now accessible individuals thus making the world citizens egalitarian in terms of their opportunities He cites the fall of the Berlin wallcommunism as the first step in all this because geopolitically this made the world whole as well as the advent of personalized PC Applemicrosoft IBM in which anyone can create their own content The next step that happens is the wide availability of internetwwwfiberoptics that allowed individual content to be sent internationally but from the developing to the developed world and vice versa Thirdly the uploading open source revolution blogging podcasting advent allowed anyone who wanted to be the author of their content to be an author and actually send it via internet all around the worldOne thing that strikes me about what Friedman describes is the unintentional conseuences that occurs from entrepreneurshipinnovation For example besides Reagan's military build up that caused the USSR to go bankrupt and thus fall; he cites the advent of personalized PC as anti totalitarian mechanism that eventually brought the fall of communism because of the free speech that can be had anonymously and thus hard to suppress by the totalitarian propaganda machine Also he cites the rise of really cheap international communication from the tech bubble and the government telecommunication deregulations act of 1996 that led create oversupply fiberoptic cables which when the demand did not materialize eventually led cheaper telecommunications for consumers I found his thesis that bubbles are good for innovation an intriguing concept According to his thesis unrealistic bubbles causes a flood of money toward that overinvested sector to such an extent that it creates fast innovation from that sector When the bubble eventually bursts investors who invested in the bubble will get hurt but it creates such a cheap commodity that eventually consumers will benefit from it The uestion now is does this extend to all sectors or is it true only for start up sectors? That is will we see innovation in real estate bubble akin to the tech bubble if yes I wonder what that would be? And if the bubble is good for innovation will Obama's financial regulation kill this spirit of innovation? Or will avoiding the pain that a bubble cause be good enough reason to have these regulation?Fifthly Friedman describes the process of outsourcing from India secondary to the Y2K tech bubble tech crash that created the comfort level for India technological brain as well as the means to freely cash in on these brains via the fiber optic cheap communication linesSixthly Friedman cites the fact that China has become fully a capitalist country by joining the WTO Because China has the cheapest and most populace population in the world they will be a target for cheap good manufacturing for decades to come He states multi nationals will definitely have to deal with China one way or another or they will be out of business Friedman is optimistic that since China is now a capitalist country democracy will surely follow Just like any good globalization advocate he cites off shoring jobs to China really in the end is good for the US because the jobs oversees keeps jobs here I think the US population really needs to be highly skilled in the long run because it is clear from the business aspect of things that low skill manufacturing jobs will by off shored to China were the labor is cheaper and thus it is a big competitive advantage for multi national firms to place them thereSeventhly Friedman talks about Wal mart and their hyper efficient global supply chain especially now that Walmart's computers can talk to their suppliers computers It works like this whenever you buy something the bar code in the item talks to the computer and the walmarts computer automatically links to their suppliers globally to tell them to produce that item He states that this is a flattener event because with a hyper efficient global supply chain companies can now buy their products from the cheapest most reliable source anywhere in the world and get it to the market Walmart So this allows suppliers to be global in their reachEighthly Friedman talks about UPS being the global supply chain manager for small to medium size business thereby allowing any company in the world to act as if it is a big multi national firm with their own global supply chain Firms sign up to UPS global supply chain and UPS does the global supply chain background for the companyNinthly Friedman talks about Googles push for global search engines that allows anyone from anywhere in the world to seek global information from anything in the world What differentiates Google from other search engines is apparently it finds stuff that is relevant to your particular search whereas prior to google the search were haphazard Also advertisers can have targeted audience based on your specific search The downside to this is of course the lack of privacy since anyone can look up information on you anytime they want It is therefore appropriate that reality TV has now become the most watch TV there is because essentially people at this point are living in such an open society that there is no use hiding once informationTenthly Friedman talks about what is accelerating the flattening process In his analysis he points to VoIP videoconferencing digitization of all information wireless capabilities file sharing all is making communication internationally so cheap that international business barriers are no virtually none existent I think the coolest capability in this chapter was the wireless capability in having your wireless phone be your credit card future ID card tooIn his third chapter Friedman talks about the three convergence of the world is flat The first convergence is that all 10 forces have simply converged without prior planning it is as if it were a serendipitous moment occurred in 2000 The second convergence event change company culture from heirachial to much collaborative nature He hypothesize it is companies who innovate in using this new internet infrastructure in new and meaningful ways that will get ahead Third convergence that he discovered is that awakening of pent up entrepreneurial yearnings from China India and former USSR that were hidden by communismsocialism of the pastFriedman's fourth chapter deals on what the flattening world means for us government companies and individuals He states that in this flattening world multi national companies no longer have loyalty to single country because they do business globally So politicians in their effort to keep jobs homegrown will be at odds with multi national business because they just want the cheapest source of labor This is good for investors and capital in general because capital always seek to be efficient in its use but bad for labor That is homegrown labor will lose out but not the companies that hire them He cites Wal mart versus Costco as an example of this confusing conundrum Wal mart seeks to flatten its labor to such an extent that it skimps on paying labor a decent wage and healthcare benefits Although this is bad for Wal mart employees this is great for Wal mart consumers especially lower middle class global supply chain and most importantly it shareholders because their profit margins are high Costco on the other hand has half the profit margin of Walmart but they are fairer to their employees But a lower profit margin also means they have to cater their services to middle class population instead of a lower middle class The IP world also has to change because collaboration of the present means their is than one corporationindividual who should get patented today But although the flattening of the present is good for business it proposes challenges for government in that who are we to support for America should we support small companies that are 100% home grown or should America support multi nationals that only commits 50% of labor force at home but brings profits in both for the company as well as giving consumers a break via a greater global supply chain as well as economies of scale?My answer to all of this uandaries is that innovation is the future of America with a large entrepreneurial force so government should foster the environment of innovation as best it can and let the innovators innovate The labor that gets left behind in America will be for uniue niches that can afford to be patriotic because that is what they are selling; but for the most part labor is dead and entrepreneurship is the new labor of the 21 century But this also means that education in the US needs to be tops to compete with the world; but unlike India and China I think experiential learning perhaps in the summer time is eually important to feed children's imagination If we are to continue to be the innovators of the world imagination needs to be fostered as well as the technical skill necessary to compete And for kids imagination really comes from a sense of play The American 21st century really belongs to the right brained people of the worldAmerica and Free Trade Even though the forces outsourcing and offshoring to India and China have arrived because of Free Trade Friedman feels that David Ricardo thesis of comparative advantage still holds true That is Free Trade still allows the pie to increase But the increasing pie is driven largely by knowledge workers who are innovative They are the people who see the need in this ever increasing pie and plug the need The one who will lose out will be the low skilled laborers whose job will outsourced to India or offshored to China because they have thousands of low skilled laborers He cites the SEO service engine optimizers as prime example of this trend SEO have become and industry on to itself with the advent of google within the last 5 years So who will and won't be effected in this new world? He cites three types of workers The first type are the highly specialized and special workers who will not go away because they are needed entertainers brain and heart surgeons the next type of worker has to do with people who work at the local level There jobs are likely to stay put because they work locally servers garbage collectors dentist physicians nurses The third type can be outsourced because they can be digitalized automated so they can go to where it is the cheapest So he asked what kind of people will succeed in this new environment? The answer are people who like collaborateorchestrate the diverse clients global supply chain and multi ethnic workers people who like to synthesize disparate information into new creative ideas people who can explain complex products in a simplistic way people who can leverage the power of technology to be effectiveefficient in their day to day dealings people who can adapt their transferable skill from one project to the next and people who are passionate about their jobs and people who can use global platform to solve local issues One thing that is good about this development is that one truly has to love what one does instead of ho humming because only the person who breaths and lives his job is going to survive in this new world If I would advice my kids right now on what to do I would say that you can be anyone you want to be you just need entrepreneurial skills to get there Like I said in my previous paragraph this new world the new mc are now entrepreneurs even if they are working for a company They need to constantly challenge themselves to grow Policy wise what does this mean? I think the US government should favor small and medium size business and because this is where innovation occurs the most as well as jobs are usually going to be local instead of international The way I see it it behooves multi national firms to go international because it is the cheapest way for them to become efficient and grow The US government should be pro innovationChapter seven deals with how we are going to get our kids ready for the new middle class What kind of educational edge do kids of the future need to compete in this new middle class world Since the right brain kids will inherit this new kingdom the most important trait is the desire to learn passion about your chosen field and the innate curiosity to know According to Friedman the US as a country is rightly poised to take advantage of this new world because we have open and flexibility that is hard to duplicate by other countries Specifically we have the best research universities on earth and we have the most research universities on earth we have the capital markets in the world in the NYSE and Nasda that reward companies on it who are the most innovative by infusion of cash as well as stringent IP laws to reward innovators who have products that the market wants We also have amazing venture capital support for the most promising companies and flexible labor laws so the flow of labor goes to where it is needed And last but not least politically the US is stable So in the end the US has a high trust environment in which risk taking is encouragedChapter eight deals what is lacking in America right now the risks its position as the leader in innovation He cites the US lacks highly skilled science and engineering students who make the backbone of technological innovation The reason this is happening because it is no longer cool to be a scientist like it was during the NASA golden age as well American elementary schools lagging behind in math and science subjects Besides lacking strength in the fundamentals students now lack a work ethic a sense of delayed gratification to get ahead There is apparently also a lack of basic research funding by the government and national internet infrastructure There is also a growing gap between the best public schools and the worst public schools due to it largely being a product of propertty local taxes I really am in favor a national reform in which education needs to be made competitive via school vouchers and charter schools instead of funding public schools that do not work Chapter nine deals with the fixes he thinks the US should undertake to fix this issue which includes a political leadership the can galvanize the need for math and science workers policy that encourages entrepreneurial transferable skill workers which include portable retirement plans health care done govt subsidies to retrain low wage earners in community colleges to prepare them to enter a global competitive workforce He also proposes to continue the US pro immigration policies toward people who are smart PhD so they can innovate and their kids can innovate in the US He proposes that US corporation use their size advantages to be better stewards of society such as provide employees continuing education so their skills will be up to date and not stagnate and thus irrelevant in a flat society Lasty he asks parents to be responsible toward their children in terms discipline and teaching them the value of delayed gratificationChapter ten deals with developing countries and globalization Friedman states that developing countries with the best chance to succeed in this new world need to be culturally tolerant and accepting of outside influences and change to what the world's best practices are This is also the reason why the middle east will lag behind because it tends to insulate itself from global best practices The jobs are going to go where the best educated workforce with the most competitive infrastructure and environment for creativity and supportive government areChapter eleven deals with successful companies need to do to stay successful in a globalized world The first advice is to know its core competencies and focus on that only Secondly small companies and individuals should know and use technology to their full advantage so they can use it to compete with multi national companies Thirdly big companies need to act small by allowing their customers to be active in the creation and production process that they will buy self directed customers Fourthly companies need to be able to collaborate with other companies in order to add value to what they are selling Fifthly companies need to outsource as part of their strategy anything that is not their core competency not simply to save moneyChapter twelve deals with the fact that globalization was first resisted because it was seen as Americanization of the world but with the advent of uploading via blogging and podcasting local cultural diversity can now be represented in the internet and satellite and thus be preserved and even exported internationally The people who are most likely to take advantage of this phenomenon are people of the diaspora who left their countries in search of better opportunities abroadChapter thirteen deals with Friedman's theory of how global supply chain in the 21st century will be a deterrent to war conflict prevention Because countries with an extensive global supply chain whose economy is based on it they will think twice in going to war and disrupt their economy and thus could act as a political instability in their own countries This is the reason that I think China and the US will not go to war in the near future because our economies are too entertwined besides China does not want to forfeit all the money that we owe them Friedman states examples 2002 India and Pakistan nuclear showdown that was eventually defused because India noticed that besides the obvious nuclear threat of Pakistan to go to war with Pakistan would have destroyed their IT economy Another example that he cites is the detente that is occurring in Taiwan and China due to their manufacturing global supply chain as well as their intertwined economies But countries that are not part of the global supply chain in the 21st century such as countries in the middle east and Africa The reason Al uaeda is such a world threat is they are using the forces of globalization to create a Virtual Caliphate and are using small acts of terror to seem bigger than what it is by uploading it on to the internet as well as connecting small cells into a huge international network by recruiting training global donoring on the internet These are people who are angry that though they are supposed to be superior due to their religion they are way behind from the rest of the world The key to fixing this issue is to get rid of the totalitarian regimes and somehow get these countries as part of the global supply chainFriedman states that America needs to still be the beacon of hope to the world by remaining the optimistic dream machine that is our birthright He states that the reason Bush was unpopular internationally was during his presidency he was seen as exporting fear not hope For countries that are not part of the global supply chain the key to keeping their populace from being terrorist is giving them dignity to be an individual that they see themselves ie hope of success in their own countries He states oil producing countries are the most undemocratic repressive regimes there is Iran and Saudi Arabia And perhaps world independence from nonrenewable energy is as much a green issue as a national security issue Lastly he prescribes that role models who have made it from disadvantage countries be visible


Leave a Reply

Your email address will not be published. Required fields are marked *