What are the Flatteners of the world according to Friedman?
Friedman writes extensively about what he calls the 10 Flatteners. He explains that ”The world has been flattened by the convergence of ten major political events, innovations, and companies. It also shifted much of the world from centrally planned economies to democratic free-market oriented governments.
What does Friedman mean when he says that the world is flat?
Friedman believes the world is flat in the sense that the competitive playing field between industrial and emerging market countries is leveling; and that individual entrepreneurs as well as companies, both large and small, are becoming part of a large, complex, global supply chain extending across oceans, with …
What is the flat world perspective?
The flat-world viewA metaphor for viewing the world as a level playing field in terms of commerce, where all competitors have an equal opportunity. is largely credited to Thomas Friedman and his 2005 best seller, The World Is Flat. It is important to understand the flat-world perspective.
How does Friedman describe disempowered?
For him, disempowered people are those who live in areas touched by the flattening of the world but lack the means to benefit from it.
What is flat world in globalization?
“The world is flat” is a phrase that Friedman uses as a figure of speech to gain the reader’s attention. The metaphor implies that globalization has flatten the world over the years and it will continue to do so.
Which of the Flatteners do you think is having the biggest impact today?
I find that the flattener that has the biggest impact today is the concept of uploading. Uploading allows people to continuously share information over the internet. This information helps to empower individuals and connect others. The educational aspect that uploading provides also makes a major impact on our world.
What is the major thesis of the book the world is flat?
He emphasizes the inevitability of a rapid pace of change and the extent to which the emerging abilities of individuals and developing countries are creating many pressures on businesses and individuals in the United States; he has special advice for Americans and for the developing world.
What does Thomas Friedman in The World is Flat lecture describe as the most important talent required in the 21st century?
The second is to understand that “when the world is flat, the most important competition, going forward, is between you and your own imagination.” Further, Friedman explained, “one of the great survival skills in the flat world, maybe the most important for a student, is the ability to learn how to learn” this is …
What is The World is Flat by Thomas Friedman summary?
In The World Is Flat, Friedman takes the reader on a journey to locations across the globe, identifying a post-9/11 shift in the process of globalization he calls “flattening.” Due to a surprising and lightning-quick convergence of technologies, he argues, individuals (not just countries and companies) can now …
What is a flattener definition?
flattener (plural flatteners) Anything that flattens. (finance) A trade whose terms are based on the assumption that the rate of return will decrease.