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Essay

The Lexus and the Olive Tree by Thomas Friedman

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Issue:

Book Reports

 

Written by:

Rhea B

 

Date added:

January 12, 2016

 

Level:

University

 

Grade:

B

 

No of pages / words:

7 / 1892

 

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3323 times

 

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Essay content:

Friedman is quoted as saying that globalization "is the inevitable integration of markets, nation-states and technologies to a degree never witnessed before ? in a way that is enabling individuals, corporations and nation-states to reach around the world farther, faster, deeper and cheaper than ever before and in a way that is enabling the world to reach into individuals, corporations and nation-states farther, faster, and deeper, cheaper than ever before...
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When you stitch all of these pieces together, you have the golden straitjacket." In order to achieve this kind of integration, Friedman says that we must, as countries, put on our "golden straitjacket" and conform to globalization, not expecting globalization to conform to us. It is that mistake which can keep countries from joining the rest of the integrated and fully functioning "global marketplace...
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General issues of this essay:
Milton Friedman The Lexus and the Olive Tree by Thomas Friedman The Lexus and the Olive Tree The Lexus and the Olive Tree To Conform Or Not To Conform? GLOBALIZATION OF A NEW FINANCIAL ORDER Keynes versus Friedman Lexus And The Olive Tree Summary About Friedman Non-conformism is the refusal to conform to common standards Milton Friedman One Man Making A Country Conform Why do people conform? The Globalization's Impacts to Developing Countries The Lexus and the Olive Tree
 

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