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Old 02-22-2007, 11:03 PM
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LaRondo LaRondo is offline
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Join Date: Oct 2006
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The World is Flat?
Watch a thought-provoking 13 minute Overview on the Web:
www.mkpress.com/FlatOverview.html

Thomas Friedman’s recent New York Times bestseller, The World is Flat, asserts that the international economic playing field is now more level than it has ever been. As popular as it may be, some reviewers assert that by what it leaves out, Friedman’s book is dangerous.

“The world isn’t flat as a result of globalization,” say Ronald Aronica and Mtetwa Ramdoo, business analysts and authors of a critical analysis of Friedman’s book. “It’s tilted in favor of unfettered global corporations that exploit cheap labor in China, Indian and beyond.

Today’s global corporations go to the ends of the earth to employ factory workers for 20 cents an hour and PhDs in science and technology for $20,000 a year,” add Aronica and Ramdoo. In short, “Globalization is the greatest reorganization of the world since the Industrial Revolution,” says Aronica.
This epic change has shaken up the way the world does business, and Americans are reluctantly facing a shift of wealth and power to the East. Across the country, a growing number of Americans fear that they could be replaced by someone from a developing country. Recent polls indicate that millions of Americans are preoccupied with the outsourcing of American jobs and the threat of global economic competition. From boardrooms to classrooms to kitchen tables and water coolers, globalization has become a hot topic of discussion and debate everywhere. But by what Friedman’s book ignores or glosses over, it misinforms the American people and policy makers.

Aronica and Ramdoo’s concise monograph, The World is Flat?: A Critical Analysis of Thomas L. Friedman’s New York Times Bestseller, brings clarity to many of Friedman’s stories and explores nine key issues Friedman largely disregards or treats too lightly, including the hollowing out of America’s debt-ridden middle class. To create a fair and balanced exploration of globalization, the authors cite the work of experts that Friedman fails to incorporate, including Nobel laureate and former Chief Economist at the World Bank, Dr. Joseph Stiglitz.

Refreshingly, readers can now gain new insights into globalization without weeding through Friedman’s almost 600 pages of grandiloquent prose and bafflegab. “It’s of utmost urgency that we all learn about and prepare for total global competition.
If you read Friedman’s book, and were awed, you really should read more rigorous treatments of this vital subject.
Globalization affects all our lives and will be of even greater significance to our children and grandchildren,” says Ramdoo.
Aronica and Ramdoo conclude by listing over twenty action items that point the way forward for America and other developed countries. They provide a comprehensive, yet concise, framework for understanding the critical issues of globalization. They paint a clear and sometimes alarming picture of the early twenty-first century landscape, and present timely information needed by governments, businesses, and individuals everywhere.
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