1. “But Friedman’s image of a flat earth is profoundly misleading – a view of the world from a seat in business class. Flatness is another way of describing the transnational search by companies for cheap labor‚ an image that misses the pervasiveness of global inequality and the fact that much of the developing world remains mired in poverty and misery. It also misses the importance of the global geopolitical hierarchy‚ which guarantees the provision of stability‚ property rights‚ and other international
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The World Is Flat A Brief History of the Twenty-First Century by Thomas L. Friedman First published: 2005 Table of Contents • Key Figures • Short Summary (Synopsis) • Thomas L. Friedman - Biography • Genre | | | | Chapter Summaries with Notes / Analysis • Chapters 1 - 4 - How the World Became Flat • Chapters 5 - 9 - America and the Flat World • Chapter 10 - Developing Countries and the Flat World • Chapter 11 - Companies and the Flat World • Chapters 12 - 14 - Geopolitics
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them‚ and to make more money‚ and to look for cheaper labor cost. Globalization 2.0 ended around the 20th century‚ year 2000. As the globalization 3.0 begin‚ that’s when Friedman stated that the world is flat and that it shrank from small to tiny. “Friedman argues that the world has become flat due to technological advances connecting people in China‚ India‚ and the United States as if we were all next-door neighbors” (p. 3). Since technologies have improved‚ the world became more of a globalization
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Assignment 1: The World is Flat 3.0 (10 points) Listen to Tom Friedman’s MIT talk titled “The World is Flat 3.0” and answer the following questions. Your answers must be short‚ succinct‚ and structured‚ and not of the rambling type. The suggested total length of your answers is 1-2 pages. 1. According to Friedman‚ what are the differences between Globalization 1.0‚ 2.0‚ and 3.0? What was the key driver for each phase of globalization? (3 points) Globalization 1.0 was built around countries having
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Dissecting “The World Is Flat”‚ Thomas L. Friedman “I was in Bangalore‚ India‚ the Silicon Valley of India‚ when I realized that the world was flat.” – Thomas L. Friedman‚ “The World Is Flat” After reading “The World Is Flat” by Thomas L. Friedman‚ I understood the significance of globalization during the twenty-first century. I learned the progression of globalization and the significant changes it has had on the economy and world as a whole. Friedman establishes his text based on the many
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unfair for the wealthy. Because it is a progressive tax‚ it is higher for people who have higher incomes. People should not be punished for being successful. If a flat tax policy were instituted‚ then it would simplify the complicated tax system‚ create fairness within the economy‚ and promote a desire to thrive financially. The flat tax would simplify the tax system because instead of filling out a variety of complicated forms‚ a person would only need to tell the IRS how much money they make
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An analytic paper on the two books: The World is Flat of Thomas Friedman and Making Globalization Work of Joseph Stiglitz Globalization is process of integration. It is spread all through several fields‚ such as politics‚ culture‚ economy‚ technology and the environment. Internationally‚ these fields are going through a period of conversion and evolution causing this world to turn out to be homogenous and flat. Even nations in the Third World are having the prospects only the developed countries
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“THE WORLD IS FLAT: In his book‚ The World is Flat‚ Pulitzer Prize-winning author Thomas Friedman argues that globalization and its technological advances have increasingly “flattened” the world by reducing barriers among states‚ individuals and corporations‚ and by creating more and more economic interdependence and global integration. This process is not a new one. It began in 1492 when Columbus discovered America and opened up trade between the old world and the new world‚ and developed
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In the book The World is Flat: A Brief History of the Twenty-First Century‚ Thomas Friedman‚ who was a foreign affairs columnist for NY Times‚ tells of his journey to India and how while he was there he realized that globalization has changed economic concepts. Friedman analyzes globalization in the twenty-first century and how the world is now at a level playing field in terms of competitors having equal opportunities; hence the title of the book being The World is Flat. He is not talking about
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The Ten Forces That Flattened the World These are the ten factors describing how the world is becoming “flat” or globally interconnected‚ thereby allowing businesses all over the world to compete on a more equal playing field. 1. The New Age of Creativity (the fall of the Berlin Wall) This event “tipped the balance of power across the world toward those advocating democratic‚ consensual‚ free-market-oriented governance‚ and away from those advocating authoritarian rule with centrally planned economies
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