The World Is Flat by Thomas Friedman

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The book, The World is Flat, by Thomas Friedman draws attention to some very good points concerning globalization and the world economy today. Friedman emphasizes the status of America today in relation to the other countries of the world. As I looked at the things in which he warned about or highlighted, I realized the importance of this issue. He talks about a few aspects in which need to be kept competitive in order for America to retain their current standing in the world market.

First of all, Friedman talks about the different levels of globalization. There are 3 different time periods in which the society has differed and changed, bringing us to where we are today. Globalization 1.0, which took place from 1492 to 1800, was the
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This is the area in which I think Friedman’s theory is slightly flawed. He seems to say that there was almost no sort of international communication, relation, or business before the discovery of the new world.

Following globalization 1.0 came 2.0. This was the time from 1800 to 2000. There were many advances in this period that drastically changed the world in which we live today. Communication, transportation, and growing trade markets influenced and brought us to multinational companies, which greatly shrunk the world down to yet another smaller size.

Today, we are in the globalization 3.0 phase, in which communication (mostly through the Internet) and transportation are at a level in which distance hardly poses any problem at all. Another very large issue in this era is the concept of outsourcing. This is the idea that if an item can be produced more cheaply outside of the company/region, it will be. The market will go to the cheapest source of production.

Many of the countries or cultures that have been transformed by the flattening of the world have been affected because of their upper hand through education. We as Americans have gotten used to being elite over the years due to our high economic standing and educational excellence, but in recent years, the educational agenda has increased in other countries, while America’s education has seemed to decline. This is an area in which we need to