Amazon.com
Updated Edition: Thomas L. Friedman is not so much a futurist, which he is sometimes called, as a presentist. His aim in The World Is Flat, as in his earlier, influential Lexus and the Olive Tree, is not to give you a speculative preview of the wonders that are sure to come in your lifetime, but rather to get you caught up on the wonders that are already here. The world isn't going to be flat, it is flat, which gives Friedman's breathless narrative much of its urgency, and which also saves it from the Epcot-style polyester sheen that futurists--the optimistic ones at least--are inevitably prey to.
What Friedman means by "flat" is "connected": the lowering of trade and political barriers and the exponential technical advances of the digital revolution that have made it possible to do business, or almost anything else, instantaneously with billions of other people across the planet. This in itself should not be news to anyone. But the news that Friedman has to deliver is that just when we stopped paying attention to these developments--when the dot-com bust turned interest away from the business and technology pages and when 9/11 and the Iraq War turned all eyes toward the Middle East--is when they actually began to accelerate. Globalization 3.0, as he calls it, is driven not by major corporations or giant trade organizations like the World Bank, but by individuals: desktop freelancers and innovative startups all over the world (but especially in India and China) who can compete--and win--not just for low-wage manufacturing and information labor but, increasingly, for the highest-end research and design work as well. (He doesn't forget the "mutant supply chains" like Al-Qaeda that let the small act big in more destructive ways.)
Friedman has embraced this flat world in his own work, continuing to report on his story after his book's release and releasing an unprecedented hardcover update of the book a year later with 100 pages of revised and expanded material. What's changed in a year? Some of the sections that opened eyes in the first edition--on China and India, for example, and the global supply chain--are largely unaltered. Instead, Friedman has more to say about what he now calls "uploading," the direct-from-the-bottom creation of culture, knowledge, and innovation through blogging, podcasts, and open-source software. And in response to the pleas of many of his readers about how to survive the new flat world, he makes specific recommendations about the technical and creative training he thinks will be required to compete in the "New Middle" class. As before, Friedman tells his story with the catchy slogans and globe-hopping anecdotes that readers of his earlier books and his New York Times columns know well, and he holds to a stern sort of optimism. He wants to tell you how exciting this new world is, but he also wants you to know you're going to be trampled if you don't keep up with it. A year later, one can sense his rising impatience that our popular culture, and our political leaders, are not helping us keep pace. --Tom Nissley
Where Were You When the World Went Flat?
Thomas L. Friedman's reporter's curiosity and his ability to recognize the patterns behind the most complex global developments have made him one of the most entertaining and authoritative sources for information about the wider world we live in, both as the foreign affairs columnist for the New York Times and as the author of landmark books like From Beirut to Jerusalem and The Lexus and the Olive Tree. They also make him an endlessly fascinating conversation partner, and we've now had the chance to talk to him about The World Is Flat twice. Read our original interview with him following the publication of the first edition of The World Is Flat to learn why there's almost no one from Washington, D.C., listed in the index of a book about the global economy, and what his one-plank platform for president would be. (Hint: his bumper stickers would say, "Can You Hear Me Now?")
And now you can listen to our second interview, in which he talks about the updates he's made in "The World Is Flat 2.0," including his response to parents who said to him, "Great, Mr. Friedman, I'm glad you told us the world is flat. Now what do I tell my kids?"
The Essential Tom Friedman
From Beirut to Jerusalem |
The Lexus and the Olive Tree |
Longitudes and Attitudes |
More on Globalization and Development
China, Inc. by Ted Fishman |
Three Billion New Capitalists by Clyde Prestowitz |
The End of Poverty by Jeffrey Sachs |
Globalization and Its Discontents by Joseph Stiglitz |
The Travels of a T-Shirt in the Global Economy by Pietra Rivoli |
The Mystery of Capital by Hernando de Soto |
Book Description
The World Is Flat is Thomas L. Friedman’s account of the great changes taking place in our time, as lightning-swift advances in technology and communications put people all over the globe in touch as never before—creating an explosion of wealth in India and China, and challenging the rest of us to run even faster just to stay in place. This updated and expanded edition features more than a hundred pages of fresh reporting and commentary, drawn from Friedman’s travels around the world and across the American heartland—from anyplace where the flattening of the world is being felt.
In The World Is Flat, Friedman at once shows “how and why globalization has now shifted into warp drive” (Robert Wright, Slate) and brilliantly demystifies the new flat world for readers, allowing them to make sense of the often bewildering scene unfolding before their eyes. With his inimitable ability to translate complex foreign policy and economic issues, he explains how the flattening of the world happened at the dawn of the twenty-first century; what it means to countries, companies, communities, and individuals; how governments and societies can, and must, adapt; and why terrorists want to stand in the way. More than ever, The World Is Flat is an essential update on globalization, its successes and discontents, powerfully illuminated by one of our most respected journalists.
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The Pulitzer Prize-winning New York Times columnist gives a bold, timely, and surprising picture of the state of globalization in the twenty-first century
Customer Reviews:
The World is Flat.......2007-10-23
Had to return the book. I wanted the 3.0 version but only the 2.0 was available. Too bad!!!
An important look into the development of the world, for the common person.......2007-10-23
I am a common person. I am not a computer-geek, or a technology junkie, or even an avid reader of Times or other such publications of the world as we know it. I am too busy, and so this was a lovely book to help bring to my awareness the situation of our world's commerce, trade and technological developments as they are today.
Covering a wide range of subjects, from political to environmental, to health-care and education, our author provides a good, clear look into the world of outsourcing, "in-sourcing", technological advances, and the political arena in which everything comes together. He provides a mostly objective report on such subjects, so widly influencing the world.
For anyone interested in the future of our nation and of the world, business, trade, politics, or life in general, this is a great resource. Of course, it certainly is a lot of heavy reading, and the author tends to get wordy from time to time. But overall, this book is well researched and well written.
My main complaint is that he steps into the political side of things a bit more than I believe this book warrants. He gives his opinion on what certain individuals should do to solve the problems, and uses the book as a platform for his area of interest. I support his research and expertise on the subjects at hand, but do not feel that the "call to action" was either appropriately executed or even thorough enough given the subjects covered, for it to be a valid part of the book. Other than that, great job!
...and so is this book.......2007-10-10
Though it has become an immensely popular book, Friedman's work is fairly shallow and simplistic. It is important to remember that this is a world analysis written by a journalist, not by a political economist or any type of economist or political scientist. His views are oversimplified and his support relies heavily on anecdote, making his 600-pager about 400 pages too long. We read it for a poli sci class and proceeded to tear it apart intellectually.
Ranks up there with Common Sense, Uncle Toms Cabin, The Femine Mystique.......2007-10-10
One of the greatest books ever written. Everyone in America should read this book. Every teacher in America should read and teach Frieman's lessons. Every parent should read and help prepare their children for the world that is coming. Every student should read and begin to prepare for the world they are going to face. This is the most important book of our times, bar none.
Embracing Business Globalization's Irreversibility.......2007-10-10
This is easily the most relevant book written on the new realities of business globalization, its irreversibility, and the practical consequences to our future. Friedman does an excellent job describing the numerous factors that led up to our current global economy including the ongoing fall of communism, the advent of the personal computer, and the ubiquity of the Internet. His historical review and assessment is fascinating and it sets up the reader to understand the context for his theories and practical applications. Friedman delves into numerous industries, businesses, personalities, case studies, technologies, psychological factors, and sociological factors. Although he covers numerous business, technological, and economic concepts, his writing style is very engaging and entertaining, using many personal examples and narratives, thereby holding the reader's interest. Rather than bemoaning some of the common perceived negative consequences of a global economy (such as US auto workers losing jobs to overseas cheaper labor) Friedman helps the reader to understand business globalization's irreversibility. In so doing, he describes many personal, practical, and business strategies for thriving in this new environment. Friedman is realistic and compassionate concerning the changes and the challenges. He states, "the great challenge for our time will be to absorb these changes in ways that do not overwhelm people but also do not leave them behind. None of this will be easy. But this is our task. It is inevitable and unavoidable" (pp. 46-47). As Friedman unfolds his strategies, he gives the reader a broader, global perspective that is filled with hope and excitement. Whether as a CEO, a business student, or a brand new professional embarking upon a career, this book is insightful, practical, and essential reading.
Amazon.com
It began with a simple $27 loan. After witnessing the cycle of poverty that kept many poor women enslaved to high-interest loan sharks in Bangladesh, Dr. Muhammad Yunus lent money to 42 women so they could purchase bamboo to make and sell stools. In a short time, the women were able to repay the loans while continuing to support themselves and their families. With that initial eye-opening success, the seeds of the Grameen Bank, and the concept of microcredit, were planted.
After earning a Ph.D. in economics at Vanderbilt University, Dr. Yunus returned to Bangladesh to settle into a life as a professor. But a famine in 1974 ravaged the country, leading Dr. Yunus to alter his thinking and his life profoundly: "What good were all my complex theories when people were dying of starvation on the sidewalks and porches across from my lecture hall?.... Nothing in the economic theories I taught reflected the life around me." Armed with little more than a lofty dream to end the suffering around him, he started an experimental microcredit enterprise in 1977; by 1983 the Grameen Bank was officially formed.
The idea behind the Grameen Bank is ingeniously simple: extend credit to poor people and they will help themselves. This concept strikes at the root of poverty by specifically targeting the poorest of the poor, providing small loans (usually less than $300) to those unable to obtain credit from traditional banks. At Grameen, loans are administered to groups of five people, with only two receiving their money up front. As soon as these two make a few regular payments, loans are gradually extended to the rest of the group. In this way, the program builds a sense of community as well as individual self-reliance. Most of the Grameen Bank's loans are to women, and since its inception, there has been an astonishing loan repayment rate of over 98 percent.
Banker to the Poor is an inspiring memoir of the birth of microcredit, written in a conversational tone that makes it both moving and enjoyable to read. The Grameen Bank is now a $2.5 billion banking enterprise in Bangladesh, while the microcredit model has spread to over 50 countries worldwide, from the U.S. to Papua New Guinea, Norway to Nepal. Ever optimistic, Yunus travels the globe spreading the belief that poverty can be eliminated: "...the poor, once economically empowered, are the most determined fighters in the battle to solve the population problem; end illiteracy; and live healthier, better lives. When policy makers finally realize that the poor are their partners, rather than bystanders or enemies, we will progress much faster that we do today." Dr. Yunus's efforts prove that hope is a global currency. --Shawn Carkonen
Book Description
This autobiography of the world-renowned, visionary economist who came up with a simple but revolutionary solution to end world poverty--micro-credit--has become the classic text for a growing movement.
In 1983 Muhammad Yunus established Grameen, a bank devoted to providing the poorest of Bangladesh with miniscule loans. He aimed to help the poor by supporting the spark of personal initiative and enterprise by which they could lift themselves out of poverty forever. It was an idea born on a day in 1976 when he loaned $27 from his own pocket to forty-two people living in a tiny village. They were stool makers who only needed enough credit to purchase the raw materials for their trade. Yunus's loan helped them break the cycle of poverty and changed their lives forever. His solution to world poverty, founded on the belief that credit is a fundamental human right, is brilliantly simple: loan poor people money on terms that are suitable to them, teach them a few sound financial principles, and they will help themselves.
Yunus's theories work. Grameen Bank has provided 3.8 billion dollars to 2.4 million families in rural Bangladesh. Today, more than 250 institutions in nearly 100 countries operate micro-credit programs based on the Grameen methodology, placing Grameen at the forefront of a burgeoning world movement toward eradicating poverty through micro-lending.
Customer Reviews:
Turning Inspiration into Action.......2007-10-05
Not wanting to repeat the accolades mentioned in the reviews posted I would like to instead share how reading this book and meeting Yunus was a catalyst to some actions I took both on a personal and professional level. The intent is not self promotion or to showcase my efforts. Instead, I am providing ideas and addressing those of you who may find, as I did, that after finishing the last page you are left with a desire to do something. The dilemma was what could I do ......I am not a bank or live in a developing country. I did give copies of the book to friends, colleagues and family but I wanted to do something more concrete. Well, with micro finance "on my radar" I took some actions both on a personal and professional level that I hope are making a difference and are in some ways increasing the visibility and awareness of micro financing.
First a little background and comments on the book.....I had the great honor of meeting Muhammad Yunus shortly after he received the Nobel Peace prize in 2006 at an event in Paris sponsored by Planet Finance. Yunus is truly an inspirational person, charismatic in a subtle way, who has touched the lives of many. His enthusiasm is contagious. The book Banker to the Poor is a fascinating read.... humorous, touching and informational as it traces the evolution of the micro finance model from concept (starting with Yunus lending the equivalent of $27 to stool makers) to what it is today with over 7.2 million clients. What resonates with me is the idea of lending versus aid dumps from the World Bank, UN, NGO's and charity organizations. I don't want to discount the millions given as direct charity to the needy but the concept of micro finance creates a sense of pride and responsibility not to mention innovation and creativity. Micro finance can also generate incremental improvement versus charity or outright donations which, in many cases dries up, is short term and results in dependence instead of empowerment.
Some actions I took:
* I became aware of KIVA (www.kiva.org) an organization that facilitates micro loans (as little as $25) from individuals like you and I to a specific entrepreneur in a developing world empowering them to lift themselves out of poverty. These individuals are in fact showcased on the site where you can see a picture and read about the entrepreneur you have chosen. KIVA is founded by an impressive team of "Social Entrepreneurs". Using technology, KIVA brings the lenders and borrowers together and provides an online community for lenders who are also showcased on the site. Involving my daughter (10) in the decision process we are lending to an entrepreneur in Samoa, so she can buy timber to improve her greenhouse for her flower business.
* As President of my alumni association (Thunderbird) I organized an event around Micro Financing with the Managing Director of Planet Rating, a microfinance rating agency, as a guest speaker.
* At a university in Paris I run a project based course involving teams of MBA students. Proposing a project related to micro finance the students were enthusiastic and completed a study on micro finance in Europe.
* Professionally, I work with individuals in career transition and entrepreneurs in helping them to identify their unique strengths and values and message their brand appropriately both online and offline. Fundamentally, I find that people have a social conscious and want to do something concrete. To this end I suggest lending to a KIVA entrepreneur as a way to concretely incorporate a social conscious into their brand.
* As part of my involvement in a Global Telesummit entitled a Brand You World www.personalbrandingsummit.com I am involved in raising $100,000 in loans for KIVA entrepreneurs in the developing world. Incidentally, Kiva was featured on Oprah and is mentioned in Clinton's book "Giving".
Having shared how I was inspired by reading this book I would be more then interested in hearing how it inspired you and what actions you took.
Bernadette
Bernadette Martin
www.visibilitybranding.com
Enlightening work.......2007-08-12
Muhammad Yunus believed that every human being had a basic right to credit. He believed in the human spirit and peoples' hard work and honesty when given a chance to sustain themselves above poverty. His accomplishments have proven his theory over and over in several countries to millions of people. Micro-lending will surely be a part of the future success in Africa, Asia, and South America. A modified form of Mr. Yunus' model has worked in the USA, unfortunately, we as Americans aren't schooled nor molded to be basic entrepreneurs. We must change our school systems from teaching how to become good employees to how to become entrepreneurs as well. Mr. Yunus' model includes 5 person groups to help each other and support each other when one gets behind in loan repayments and/or family crisis. This is a very important requirement to micro-lending and must not be excluded when trying to duplicate the success of the Grameen Bank.
Thank goodness we have people in our world like Muhammad Yunus to teach us how to treat other human beings.
Poverty should be extinct!.......2007-08-09
This book is a testament to the good one can do to millions of people!
Poverty belongs in museums! One day, thanks to humanitarians like Muhammad Yunus, poverty will be something of the past and totally extinct, and the next generation will wonder how poverty was ever allowed to exist within our midst. Indeed that will be a glorious day!
Professor Yunus recounts his early life living in India, Bangladesh, and then in the United States. He was born in 1940 in British-ruled India. He was one of fourteen children born to devout Muslim parents. His mother was often ill, but despite this, his father never left her. Yunus later obtained a scholarship to study in the States, earned a Ph.D. in economics at Vanderbilt University, and later became a professor. He once commented to his students, "What good were all my complex theories when people were dying of starvation on the sidewalks and porches across from my lecture hall? Nothing in the economic theories I taught reflected the life around me."
As a young man he was very involved in the independence of Bangladesh when hundreds of thousands died, and many more after Bangladesh declared itself independent. The country was devastated, and stripped of its natural resources. Professor Yunus quickly left the US and headed to Bangladesh in order to help create a government, and thus get international help and support.
He was very concerned about the poor, and decided to help them. He was surprised why banks did not lend them money. Also the majority of the poor couldn't write or read, so they couldn't even fill out the forms required by banks in order to obtain a loan.
Grameen Bank (The name means the "bank of the village") was thus started in 1976 as an experimental project to combat rural poverty by providing credit to the very poor. Professor Yunus loaned $27 from his own pocket to forty-two stool makers living in a tiny village. These women only needed enough credit to purchase the raw materials for their trade. Yunus's small loan helped them break the cycle of poverty for good. Throughout the book you'll read of many such success stories.
Professor Yunus faced a lot of obstacles in creating his bank. He was accused by the Muslim clergy (Mullahs) of wanting to destroy Islamic traditions, and of promoting Christian values in Bangladesh. Some of his staff were even threatened. This was due to the fact that the bank encourages women to take loans and work, something of a taboo and highly unacceptable to Muslim women living in Bangladesh. In fact, many women were beaten by their husbands for the mere mention of money, let alone taking a loan. Women were also not encouraged to receive an education or work. Professor Yunus says, "All her life she has been told that she is no good, that she brings only misery to her family, and that they cannot afford to pay her dowry. Many times she hears her mother or her father tell her she should have been killed at birth, aborted, or starved. But today, for the first time in her life, an institution has trusted her with a great sum of money. She promises that she will never let down the institution or herself. She will struggle to make sure that every penny is paid back (65)."
In 1983 Grameen Bank (GB) was officially established. It is unique in that it has reversed conventional banking practices by removing the need for collateral and created a banking system based on mutual trust. It promotes credit as a human right. Its mission is to help the poor families to help themselves to overcome poverty by issuing them with microcredits (very small amounts, like $7, something a conventional bank would never do). It is offered for creating self-employment for income-generating activities and housing, as opposed to consumption. It is particularly targeted towards poor women. It provides service at the door-step of the poor based on the principle that the people should not go to the bank; the bank should go to the people. This principal is helpful in a Muslim society where women are not allowed to leave their homes without the approval of their husband, and are not allowed to speak with men.
In order to obtain loans a borrower must join a group of borrowers, with each borrower recommending another. If one member of the group defaults on payment of his loan, then the whole group is denied further loans! However, to encourage destitute members to join, he/she does not have to belong to a group, no saving is necessary, no weekly repayment is necessary, his/her loan terms are decided by him/her, in consultation with his/her mentor.
A member is considered to have moved out of poverty if her family fulfills the following criteria:
1. The family lives in a house worth at least Tk. 25,000 (twenty five thousand) or a house with a tin roof, and each member of the family is able to sleep on bed instead of on the floor.
2. Family members drink pure water.
3. All children in the family over six years of age go to school or have finished primary school.
4. Minimum weekly loan installment of the borrower is Tk. 200 or more.
5. Family uses sanitary latrine.
6. Family has adequate clothing for everyday use and for winter, and mosquito-nets.
7. Family has sources of additional income, such as a vegetable garden, so that they are able to fall back on these sources of income when they need additional money.
8. The borrower maintains an average annual balance of Tk. 5,000 in his/her savings accounts.
9. Family has three square meals a day throughout the year. No member of the family goes hungry any time of the year.
10. If any member of the family falls ill, family can afford to take all necessary steps to seek adequate healthcare.
Professor Yunus distrusted dealing with the World Bank. According to professor Yunus, the world bank, with its headquarters away from Bangladesh, does not see poverty, but relies on theories. He also was wary of how they took full control of a country's financial needs.
There were a number of major natural disasters in Bangladesh. The 1998 flood was the worst of all. Half of the country was under flood-water for ten long weeks. Grameen borrowers lost most of their possessions including their houses because of the flood. Soon borrowers started to feel the burden of accumulated loans. They found the new installment sizes exceeded their capacity to repay. Grameen Bank repayment started to show quick decline. This was a good opportunity to design a new Grameen methodology, incorporating all the lessons learnt. As a result, Grameen Bank II was created.
The bank believes that the poor always pay back their loans, unlike the very rich. On some occasions they may take longer time to pay back than it was originally stipulated. Many things can go wrong for a poor person during the loan period. According to professor Yunus, since the borrower is paying additional interest for the extra time, where is the problem?
Grameen Bank has introduced higher education loans for all students who can enter into the higher educational institutions (medical, engineering, etc). Students are made responsible to repay the loans when they start earning. Half the scholarships are reserved for girl students. The remaining 50 per cent is open for both boys and girls. Each year Grameen Bank gives out 3,704 scholarships.
Grameen believes that poverty is not created by the poor; it is created by the institutions and policies which surround them. In order to eliminate poverty, all we need to do is to make appropriate changes in the institutions and policies, and/or create new ones.
Muhammad Yunus and his Grameen Bank of Bangladesh won the 2006 Nobel Peace Prize.
As of May, 2007, Grameen Bank had 7.21 million borrowers, 97 percent of whom are women. With 2431 branches, it provides services in 78,659 villages, covering more than 94 percent of the total villages in Bangladesh.
About 3 billion people live on less than $1 per day. Professor Yunus' vision is of eliminating poverty by 2050.
This is really a fascinating book and I highly recommend it.
Great for those interested in poverty relief/development.......2007-08-07
After reading, we bought multiple copies to give away to colleagues working in various capacities in poor areas of the world. Yunus' ideas and experience need to be examined and considered. This is no World Bank/UN/WMF big program aid-dump, but a reasonable, realistic, measured path from poverty to empowerment for the world's poor.
Lateral Banking.......2007-07-03
Learn how limiting entrenched Eurocentric thinking can be. Be inspired by the lateral thinking of Muhammad Yunus! A heartwarming read with just a touch too much description of the complexities of beaurocracy, but a must read nevertheless.
Book Description
Discover both sides of international business and how to prepare for the future. GLOBAL STRATEGY doesn't just show you what it's like for foreign businesses entering a new market; it also reveals what domestic companies must do to survive foreign competition. Written to be easy-to-read and full of study tools, GLOBAL STRATEGY is the resource that helps out on the test and gets you ready for your next job. Your purchase includes a World Map and access to InfoTrac College Edition, an online university library of full-length articles from more than 5,000 academic and popular magazines, newspapers, and journals.
Customer Reviews:
Teach Our Students How to Fish.......2007-07-30
As a PhD student teaching global strategy and international business, I like this book, not only for its comprehensive theoretical framework, but also for its openness for a series of debates on globalization. The theoretical framework can help students analyze the complex global business environment. More importantly, a series of debates can open their eyes, and can help them build more skills to deal with challenges in a globalizing world (think about the current buzz on offshoring and outsourcing).
Many textbooks attempted to teach students how to arrive at "correct" answers. They just tell students what is already known, and do not describe the sorts of problems that the professional may be asked to solve and the variety of techniques available for their solution. This textbook deviates from the rest of pack, because the author tries to integrate many new fronts (and yes, even debates!) in the academic and practitioner world (see the long list of references) and cultivates a "global mental set" based on his rich experience in many countries. What is most refreshing is that the author does not give a single answer or simple evaluation for many questions, but provides many possible approaches to widen the reader's mindset. In fact, every chapter has a beefy section devoted to "Debates and Extensions," with no given conclusions.
Even vivid business cases will fade quickly and be forgotten in this dramatically changing world. So a set of "divergent thinking skills" will play a more important role in helping students develop long-term capabilities in their career success. Through this book, students will learn how to recognize and evaluate many problems to which no unequivocal solution has yet been given, find an arsenal of techniques (industry-based view, resource-based view, and institution-based view) for approaching these problems, and develop "global mental sets" to judge the relevance of these techniques and to evaluate the possible solutions.
The ancient Chinese philosopher Laozi once said: "Give a man a fish and you will feed him for a day; but teach him how to fish and you will feed him for a lifetime." Truly, this exciting book may teach our students how to fish!
Great book for International Business/Strategy class.......2007-03-07
As a professor, I have used several books for International Business classes and I have to say there are Global Business books that should have been titled as International Politics or American Business. This book has a good balance between country analyses such as EU regulation, privatization in emerging economies, and company perspectives such as entering into foreign countries, creating synergy between divisions. The cases cover companies from a lot of countries; they provide enough information to complement the chapters but are not too long so that it's easy to read through. My students and I enjoyed this book very much!
Avoid this textbook.......2006-12-25
I'm presently a student studying International Business and Marketing at a local university. This review is based on the copyright 2006 edition.
The real-world examples are extremely out of date for a global business book. For example, the interactive case 1.1 states 2000 annual report figures for GN Netcom. Another example, mentioning Yahoo! back in 2001. We all know how this competitive marketplace has changed dramatically over the past few years, and in fact changes every 6 months. When I am paying $113 for a textbook that publishers push out a new edition every year or two, I expect my money to go towards updates in the examples that are used. I realize that strategic principles don't change and can be applied towards any case in time- but this author charges a premium on a book that should be at least half the price.
Second, the structure and layout of this book is horrible. It does not break out the key points or core concepts from this rather blandly written book. The end of chapter questions are not intuitive enough, and lack the depth that a textbook should require. There is also not enough use of diagrams to illustrate the points in the text.
Third, this book is printed in black and white- another cost savings that should not justify the high price. It reminds me of reading textbooks from 15 years ago. This book will definitely be sold back at the end of the class.
So, if you are a teacher- please seriously evaluate this book before you require students to purchase it. I'm fortunate that I am taking another strategy class and there is enough overlap that I can just skim over Global Strategy by Mike Peng to fill in the gaps that I miss in the other book. A far better recommendation- Crafting and Executing Strategy by Arthur Thomson Jr., etc. Fellow students, I feel your pain if you have to read this book.
Very engaging book.......2005-04-26
This is by far the best written business textbook I read in college. The book offers a very wide variety of real-world examples of the different strategies and actions explained in the book. These examples span all kinds of companies, from large MNE's to small businesses based in developing nations. The text is written very straightforward and the book seems to flow well from chapter to chapter. I was lucky to have Mike Peng as my professor in international business, because he devoted as much attention to his students as he did to his textbook.
Book Description
"Let China sleep, for when she wakes, she will shake the world." Napoleon's words seem eerily prescient today, as the shock waves from China's awakening reverberate across the globe. In China Shakes the World, the former China bureau chief of the Financial Times, James Kynge, traces these tremors from Beijing to Europe to the Midwest as China's ravenous hunger for jobs, raw materials, energy, and food -- and its export of goods, workers, and investments -- drastically reshape world trade and politics.
Delving beyond mere recitation of by-now-familiar statistics, Kynge's on-the-ground reporting provides alternative explanations for China's explosive transformation, revealing many of the usual reasons given for its growth to be myths. Most important for the future, he details China's deep, systemic weaknesses -- rampant fraud, crippling environmental crises, a corrupt banking system, faltering government institutions, a rapidly aging population -- that threaten even greater global disruptions. And he demonstrates the profound consequences of those weaknesses for American manufacturers, oil companies, banks, and ordinary consumers.
Through dramatic stories of entrepreneurs and visionaries, factory workers and store clerks at the heart of this global phenomenon, China Shakes the World explains how China's breakneck rise occurred, the extraordinary problems the country now faces, and the consequences of both for the twenty-first century.
Customer Reviews:
It is shaking me up now.......2007-10-16
I am Chinese, and of course I am attracted by the title. Finally, China get to shake the world a little too, what an accomplishment. Well, as I read the book, it is making me less and less proud of my motherland. The counterfeit product, the stealing of high-tech information, degradation of environment and the insitutionalized corruption are making my stomach turn. When 1/2 of the population is going at 80 miles an hour in the globalized world, the other half is being left behind by their own country. It makes me wonder, what will happen if the economy slow down in China? What will the people who had already tasted the fast world will do, and what will the ultra-dictatorship of the Ruling Communist party do, and what will the other half of the population that had been left behind do. This is a question worth pondering. Maybe, China is not as rosy as it projected to the rest of the world, and maybe people, or investors should listen to not just the official talking head, but what the people are doing. This is a good read, it will help with my school project too.
An enormous shift in geopolitical power.......2007-10-08
James Kynge analyzes and illustrates brilliantly the emergence of China as a major geopolitical power. He shows that the drastic shift in economic policies under Deng came from rural farmers who used creatively the concept `collective' to found private capitalist companies. The result is now a schizophrenic one party communist State with a capitalist economy. Its social stability can only be maintained with fast economic growth and job creation for its enormous population created by Mao's demographic policy.
The actual industrialization process causes massive population and gender shifts (urbanization resulting in a higher status for women), colossal energy demands (one Italy every year) and huge environmental problems (water, air). In a one party State, corruption and nepotism (with stolen identities) cannot be eradicated and provoke a declining trust in government.
Economically, corporations are mainly concerned with market share, not profits. They continue to (over) produce for the next surge in demand after every dip. They are also beginning to build consumer loyalty by branding their own products.
Internationally, the Chinese voracity created energy and commodities price surges worldwide. The end is not in sight. On the other hand, the bulk of the profits made with China's low cost factory army (no welfare) goes into the pockets of Western retail giants and their shareholders, leaving only 10 to 15 % for their Chinese counterparts. In the meantime, the deindustrialization of the Western world continues with massive job losses in the textile, car, computer and even the service industry.
Overall, however, China's economic development continues to benefit enormously world trade, notwithstanding the regularly surfacing accusations of protectionism, currency manipulation and rampant piracy. Politically, the problem of Taiwan is still not solved.
Mencius''ren' (benevolence) is not a basic ingredient of Chinese foreign policy, but the author believes that ultimately pragmatism and flexibility will have the upper hand.
This book is a must read for all those who want to understand the world we live in.
MBA Mom.......2007-07-15
I am full time Mom and just recently visited Beijing with my 2 young children and husband. As a result of our travels, all the news in the media regarding China, and my own personal experience with respect to my shopping purchase power and selection in the last many year, I was very interested in the "China story." This book is an easy read, and provides a good big picture. It reminds me of the center column in the Wall Street Journal... Too boot, well written, and excellent use of vocabulary.
Mom
Well written, informative book.......2007-06-01
This book is money and time well spent if you're interested in a contemporary survey of China.
Kynge really does an outstanding job with a complex topic. He has a journalist's nose for a story, is well connected in China, and the length of time he lived in the country allows him to really portray his observations in a sophisticated cultural and historical context. He nicely weaves in statistics and facts throughout the book without distracting from the narrative.
A Journalist's Eye.......2007-05-24
I've loved the lyrical quality of this book. It looks at the many problems facing China from the ground up and individual journalist's eyes. For a big picture view that is based more on economic analysis, see my own book: The Coming China Wars: Where They Will Be Fought and How They Can Be Won
Book Description
Wouldn't you love to abolish the IRS. . . .
Keep all the money in your paycheck. . . .
Pay taxes on what you spend, not what you earn. . . .
And eliminate all the fraud, hassle, and waste of our current system?
If so, the FairTax is for you!
A smash #1 New York Times bestseller from the moment it went on sale, The FairTax Book launched a massive grassroots movement across the country with its dramatic call to rid Americans of the punishing burden of income tax. Talk-radio firebrand Neal Boortz and Congressman John Linder are leading the charge to replace the current tax system with the FairTax -- a simple 23 percent retail sales tax on new goods and services that would eliminate the reviled IRS and replace it with a system that's fair to all -- while jump-starting the U.S. economy, bringing businesses and jobs back to our shores, and recapturing billions of untaxed dollars currently lost to criminal and offshore businesses. Americans would get to keep 100 percent of their hard-earned paycheck . . . and April 15 would become just another beautiful spring day.
Endorsed by scores of leading economists -- and gaining momentum in both the House and the Senate -- the FairTax Plan could revolutionize the way America pays for itself. Here -- revised and updated, with a new afterword by the authors -- is the straight-talking book that started it all.
Download Description
"
Wouldn't you love to abolish the IRS ...
Keep all the money in your paycheck ...
Pay taxes on what you spend, not what you earn ...
And eliminate all the fraud, hassle, and waste of our current system?
Then the FairTax is for you. In the face of the outlandish American tax burden, talk-radio firebrand
Neal Boortz and Congressman
John Linder are leading the charge to phase out our current, unfair system and enact the FairTax Plan, replacing the federal income tax and withholding system with a simple 23 percent retail sales tax on new goods and services. This dramatic revision of the current system, which would eliminate the reviled IRS, has already caught fire in the American heartland, with more than six hundred thousand taxpayers signing on in support of the plan.
As Boortz and Linder reveal in this first book on the FairTax, this radical but eminently sensible plan would end the annual national nightmare of filing income tax returns, while at the same time enlarging the federal tax base by collecting sales tax from every retail consumer in the country. The FairTax, they argue, would transform the fearsome bureaucracy of the IRS into a more transparent, accountable, and equitable tax collection system. Among other benefits, it will:
- Make America's tax code truly voluntary, without reducing revenue
- Replace today's indecipherable tax code with one simple sales tax
- Protect lower-income Americans by covering the tax on basic necessities
- Eliminate billions of dollars in embedded taxes we don't even know we're paying
- Bring offshore corporate dollars back into the U.S. economy
Endorsed by scores of leading economists and supported by a huge and growing grassroots movement, the FairTax Plan could revolutionize the way America pays for itself. In this straight-talking book,
Neal Boortz and
John Linder show you how it would work -- and how you can help make it happen.
"
Customer Reviews:
More for the rich.......2007-10-17
"THOSE WHO CHOSE PARENTS WISELY MAY TAKE CREDIT FOR SUCCESS; OTHERWISE, IT'S ALL FORTUNE."wlf
The FAIR TAX is another method used to further enrich the wealthy and change OUR GOVERNMENT INTO AN ARISTOCRACY.
If a family is bringing in millions of dollars and purchases only necessities, its Power (money) grows rapidly. After it accumulates a large amount (money) it can purchase vast capital (machinery, land, buildings) at once and have true Power over many people. That is an oligarchy (the conservatives are working to attain it and dismantle the New Deal), which can turn into an aristocracy. Inheritance to those who do not deserve such largesse promulgates that dangerous threat to our form of government. As clearly shown by George W Bush, inheritors can wreak terrible damage on this country.
Progressive taxation, instituted by judicious leaders, has a prime purpose of keeping the WEALTH GAP at a reasonable level to prevent revolution by those unable to take part in our country's bonanza. That developing bloodbath today is obvious in our criminal class, which, due to most citizens' greed and selfishness, lives the only way it knows how, as predators.
If you want a country of SERFS AND MASTERS, then work for the `Fair Tax.' It will arrive quickly unless a vigorous progressive tax is resumed to slow the flow of too much wealth to the already affluent.
For everyone.......2007-10-06
Yes, it's a book on economics and taxes, but Mr. Boortz helps to make it an entertaining and easily understood book. While it pretty much explains the theory of the fair tax in full and is a great place to start, it's a good idea to do your own research into the fair tax, studying the pros and cons. Just be sure that you understand the basics, or else you may get confused by anti-fair tax information that gets an idea wrong or blatantly lies...
The Cure for a Disease Known as Income Taxes.......2007-10-03
In this book, Boortz and Linder discuss the abolishment of the income tax. Under this system, wages would not be taxed at all. As an alternative to raise revenue for the government, they propose a national sales tax. The goal is revenue neutral so that same amount of revenue would be collected to run the government.
This would allow the individual to choose when they paid tax. So those who save and invest money rather than spending all of it, would come out much better.
The proposed sales tax rate would be around 23%. While this may sound high, one should keep in mind that no tax would have been withheld from his or her paycheck. For example, say that the average household income for America which is approximately $40,000 a year were not taxed. This would mean the Joneses get to take home all $40,000 of that hard earned income. As it stands today, they are probably only taking home around $32,000 assuming a 20% income tax rate and not considering state, Social Security, or Medicare taxes.
As a component of the national sales tax, they propose that a certain poverty level determination of say $10,000 which would be considered the bare minimum for a person to survive on and each person would receive a "prebate" of $2,300 per year paid in monthly installments. This would significantly help those on the low end of the income spectrum and actually result in additional money to spend on essentials such as food, clothing, and housing. It would also avoid the potential disparities which could occur with a food exemption if the wealthy purchased steak and lobster or other such expensive food items.
Additionally, it would take many of the inefficiencies out of the current system in that each time there is a touch on producing a good or service, income tax is charged. For example, when you buy a loaf of bread, the business who produced the seeds, the farmer who grew the wheat, the mill, the bakery, the trucking company, and the grocery store all pay income tax on their portion of the bread production. By taking the income tax away, the loaf of bread would subsequently be much cheaper (estimated around 25%) from the reduction of built in income tax for a product. (This assumes that businesses will not pay income tax. There would be many rules set up to prevent people setting up "businesses" to evade taxes.)
The Fair Tax also has the benefit of helping prevent tax evasion. Under the current system, there are millions upon millions of dollars of unreported income every year which are not taxed. This could occur in anything from illegal trades such as selling drugs on the street to the legal trades of wait staff or any industry in which cash is used to pay for goods or services but not reported. Every time these dollars were spent by the individuals, however, they would be taxed so this revenue which is currently lost would be collected.
It would additionally get rid of the estimated $265 billion spent annually to comply with the tax code. This is not to mention the 100s of thousands of hours that would be freed up to engage in more productive and enjoyable pursuits.
Economists estimate that in the first year of its implementation the economy would grow by 10.5%. Foreign companies would also have incentive to build factories in the U.S. to take advantage of the eliminated inherent cost included as mentioned in the bread example.
I think that this is a really great idea and hope that it is implemented one day. To learn more about it and see if your congressperson supports it or not, go to FairTax.org.
Fair Tax.......2007-09-29
Excellent reading to get yourself ready to defend the concept when it is attacked by the tax and spend crowd in Washington. It is a quick read and makes a great deal of sense.
A plan for the rich (1.5 *s).......2007-09-23
If you want a fundamental principle of government/society discussed with right-wing, shock-radio bluster, this is your book. Though a congressman is the co-author, the book is simply a continuation of the rant that has been heard daily on a local radio station in Atlanta for over thirty years. We learn early in the book that the passage of the Sixteenth Amendment in 1913 enabling the collection of income taxes is akin to the devastation of Pearl Harbor or the destruction of the World Trade Center on Sept 11, 2001. The IRS is no less than the enemy of the people, fulfilling a Marxian prophecy. You get the general idea.
One would like to think that anyone proposing a fundamental overhaul of our taxation system would first lay out a philosophy of taxation, which must be consistent with a broader philosophy of society and government. You won't find that in this book. The principal author has consistently exhibited a decided lack of social concern and understanding.
The so-called fair-tax is a twenty-three percent consumption tax in lieu of apparently all other federal level taxes: income, dividends, social security, Medicare, corporate, etc. [State taxes don't seem to be addressed.] It has long been held that the wealthy in a nation should pay taxes at a higher rate than ordinary citizens. The wealthy benefit far more than most from government. In fact they have a huge advantage over the rest of us by having an overwhelming say in the choice of those who occupy governmental offices and the consequent setting of policies and decisions. In essence, the rich get richer. They should pay for that largesse.
Consumption taxes are by far the most regressive of taxes that can be imposed. The median earner in this nation spends every dollar on necessary items. The rich do not. In fact a large portion of their income goes towards investments and wealth production. By exempting income, dividends, and interest from taxation, the so-called fair tax would simply exacerbate a tax scheme already weighted to the rich. The tax rate for the rich would plummet; for the poor suckers taken in by the fair-tax scheme, their tax rate would maximize.
The one thing that the book gets right is the necessity of changing the tax system. The loop holes for the rich are disgraceful. The idea that corporations don't really pay taxes is certainly a reality. The book complains about class warfare, not about the one that the powerful have been waging for decades. But the one where the ordinary citizen wants the powerful to get the boot off of his or her neck. But then that merely reflects where the hearts of the author are.
The fair-tax scheme proposed is utterly useless. It seems to assume that consumption is definitive of life - there is no larger context with greater significance and ramifications. For example, issues of power. Usually schemes such as this get a bit of a spike in public interest when first proposed, appealing to ideologues and the ignorant. Fortunately, there usually is no staying power. The length of the attention spans is commensurate with the depth of the knowledge of those jumping on the bandwagon.
Customer Reviews:
Get the 7th edition, instead........2007-09-13
This is an older edition of the book. Get the newer, seventh edition. The ISBN for the 7th edition is 0321451341.
An important and useful text for understanding trade theory.......2006-02-27
Krugman and Obstfeld, two world renowned international economists, provide a full detailed analysis and examples for the basis of trade among nations. It is relatively straightforward to comprehend for both economists and noneconomists. International trade is an important component of economic policy for the growth and development of countries. This book examines various theoretical trade models and provides real world examples of policy formulation and their impact. The authors do not take any political positions, thus making their analysis a purely objective, or positive study.
I would highly recommend this book to students interested in doing research in international trade and development. It is a must read for prospective international economists. Noneconomists might also find it as a useful reference. I found the book to be invaluable in my graduate research and dissertation.
Krugman.......2006-02-25
Some complicated theories explained in a way that can be understood.
Esay flow from a concept to the next.
Not What I've Come to Expect from Krugman.......2005-04-03
First off, even if you totally discount the rest of my review, buy the low price international version of this book. On the March 10, 2005 episode of the daily show Krugman elucidated his feelings quite clearly. "The real money is in textbooks. With other books, people need to decide whether to buy them or not. Students have to buy textbooks." Thanks Paul. I think I'm being charitable when I say that at $125 this book is a ripoff. It isn't even full color.
Anyway, on to the actual content of the book. I have to say that I was excited when I found out that my International economics course at Stanford was going to be using Paul Krugman's book. I've enjoyed his articles for the New York Times because they manage to cut right to the core of issues with an unusual amount of punch. Yet, time and time again I was disappointed with the frequently inpenatrable language and obtuse, unrealistic examples in this book. Unfortunately, the only part of Krugman's characteristic writing style that came through was a feeling of overwrought vitriol, which makes sense in an op-ed but has little place in a textbook. Furthermore, this book occupies a strange niche in the world of econ texts, it is not mathematically rigorous, nor is it well written. Usually we see one or the other but rarely both. Initially, I thought these observations were mine alone, but other students began openly voicing pointed criticisms of the book during class (and I am perhaps being too kind here in not repeating them). I've been in school nearly as long as I can remember and I have never seen such discontent with a text.
During the second half of the course even my econ prof became fed up and abandoned the book altogether. Given that, I find all of the positive reviews for this book rather astounding. My suspicion is that there might have been open rebellion amongst my classmates had not the professor decided to leave this text by the wayside. I also found that it is brimming with misplaced, one-sided arguments that come across as Krugman blatantly strawmanning arguments opposed to his own. One of many examples of this comes out of nowhere near the end of chapter 2. Krugman implies that anyone who doesn't believe in unmitigated free trade is intellectually irresponsible!?! This book pushes for unrestrained market fundamentalism throughout, primarily by misrepresenting any arguments that would effectively challenge it's simplistic and seemingly outdated dogma. This book, in particular, feeds into the same system of self serving scientism so prevalent in economics for the last 60 years.
Please don't mistake this review as the bile of a jilted student, I did quite well in the course. However, this is almost certainly the result of looking for alternative explanations of virtually every topic covered. The reason this book gets one star instead of two is because it lacks a lot of the modern learning tools prevalent in almost every other textbook. Things like quality questions, keywords, vocabulary and historical context all get short shrift in this this volume. If you're into learning about incomplete models that only represent a theoretical version of the world, this book is for you. Unfortunately, just like Krugman said on The Daily Show, if you are a student there is probably little chance that you have a choice on the matter. Buy the cheap international edition for 20 bucks. I would recommend that you use to the difference to buy William Easterly's Elusive Quest for Growth...and a beer.
The Undergraduate International Economics Standard.......2004-06-29
Well, I will start off by saying that the book really probably only deserves somewhere between 4-4.5 stars, but I'll give it 5 to offset some of the questionable reviews below.
No, the book is not perfect. However, it is an academic standard at pretty much any major college or university for teaching undergraduate International Econ/Trade theory, and for good reason. The book makes a clear a concise presentation of basic theory and policy, perhaps in points it is a little too simple. As pointed out, while I'm not sure about the 6th edition, there were some diagrammatical mistakes in the 5th...I bet, however, these were done by a graduate student. A quick bit of reasoning and a second of thought should yield the appropriate picture, however. And yes, I think a bit of Krugman's bias comes through, though its not terribly off-putting.
The book could use a bit more math I think. The real equations and difficult problems are few and far between, and are, for the most part, pretty straight forward. At the very most it would take a basic understanding of calculus, but the majority of the problems and equations can be explained and done without it. I have read a number of undergraduate economics books with far more intensive math. Despite this lack, however, the intentions come across pretty well.
No, this book is not for beginners to economics. At least an undergraduate course or reading in both micro and macro are needed, and really and truly, an intermediate level in each is probably better if one wants to get the most out of the book.
If you find the subject matter within to be terribly math intensive and you cannot get motivated to read the subject matter because it doesn't use "pizza and beer" (and um...I don't think I'd want an imported pizza anyway, but thanks), well I guess the subject and this book are not for you. However, if you are trying to enrich your understanding of economics at a very basic level, this book provides a good way to do so.
And, if you want graduate level book, and like Obstfeld, I recommend he and Rogoff's book.
Book Description
Now with a free SINGWIN CD-ROM, Evaluating Practice, Fourth Edition is even easier for readers to understand and apply data analysis.
Unsurpassed among human service evaluation books, Evaluating Practice, Fourth Edition, includes the innovative SINGWIN program, created by Charles Auerbach, David Schnall, and Heidi Heft Laporte of Yeshiva University. Evaluating Practice instructs readers on managing cases and charting and filling out scales. Although the authors are best known within the social work discipline, this book can also be used in other professional programs such as nursing, counseling, psychology, and psychiatry. The free supplement with practice test questions provides a number of helpful exercises.
For anyone interested in social work at both the undergraduate and graduate level. Also for those interested in psychology, counseling, psychiatry, or psychiatric nursing.
Customer Reviews:
A great text book..........2007-01-02
I ordered this textbook for an MSW course, and it's wonderful. I love all the examples and the software that comes with it.
Another Edition to a fantastic text.......2005-08-10
This new edition of the text once again proves that these authors are the masters of single subject research. I have used this text for five years in my graduate methods course and am completely satisfied with their coverage of the material of single subject research design. Just when a researcher thought it could not get any better, this new edition comes along with updates to the software.
Get this book.
enough is enough.......2005-03-22
I was pleased to hear that this text had been assigned in a graduate research course at my graduate school of social work. I'm seriously disappointed. I would not recommend this text's continued use. It is excessively repetitive, constantly restating previous material (commonly referred to as 'rehashing'), and, as a sidebar, i can't help but mention an irritating habit of unnecessary references to material yet to come ('we'll talk about that more in chapter 14.'). The writing style is terribly wordy, and in a weighted, clunky pseudo-conversational style that rarely is effective in a textbook. The actual technical information is obscured in a constant river of verbiage, usually in page after page of solid block text, the least helpful format when learning technical information (or when subsequently searching for specific information or techniques). The result? It serves as a strong sedative. Finally, the authors repeatedly express apologies, in what eventually (by page 350) feels like an obsequious and cloying manner, for putting forward an empirical and accountable approach to clinical practice. The worst, though, is the repetition of material, as if the reader were an idiot. The sheer relentlessness of it is what is so galling, and at $100 bucks, neither affordable nor worth the investment. There are other texts out there with clearer, cleaner, more articulate prose, that are more respectful of the reader, and at half the price, such as the classic and affordable: Single-Case Research Designs: Methods for Clinical and Applied Settings by Alan E. Kazdin. Ignore the pollyanna reviews above and below, and avoid this text, or if on the syllabus, protest and suggest an alternative.
A Classic in Practice Evaluation.......2003-11-13
Bloom, Fischer and Orme continue to make an unique contribution to improving practice in the human services by providing a road map by which practitioners can evaluate their effectiveness. I've been using their text book for over 15 years in teaching practice evaluation and in has been an invaluable help. The new edition has a CD Rom with SingWin, CAAP,and CAAS which I was able to install in Windows XP Home edition. You must install CAAS before CAAP for it to work. The sofware computerizes record keeping, score computation, and graph construction. I strongly reccommend this textbook for human services faculty.
Amazon.com
One day in 1992, Thomas Friedman toured a Lexus factory in Japan and marveled at the robots that put the luxury cars together. That evening, as he ate sushi on a Japanese bullet train, he read a story about yet another Middle East squabble between Palestinians and Israelis. And it hit him: Half the world was lusting after those Lexuses, or at least the brilliant technology that made them possible, and the other half was fighting over who owned which olive tree.
Friedman, the well-traveled New York Times foreign-affairs columnist, peppers The Lexus and the Olive Tree with stories that illustrate his central theme: that globalization--the Lexus--is the central organizing principle of the post-cold war world, even though many individuals and nations resist by holding onto what has traditionally mattered to them--the olive tree.
Problem is, few of us understand what exactly globalization means. As Friedman sees it, the concept, at first glance, is all about American hegemony, about Disneyfication of all corners of the earth. But the reality, thank goodness, is far more complex than that, involving international relations, global markets, and the rise of the power of individuals (Bill Gates, Osama Bin Laden) relative to the power of nations.
No one knows how all this will shake out, but The Lexus and the Olive Tree is as good an overview of this sometimes brave, sometimes fearful new world as you'll find. --Lou Schuler
Book Description
From one of our most perceptive commentators and winner of the National Book Award, a comprehensive look at the new world of globalization, the international system that, more than anything else, is shaping world affairs today.
As the Foreign Affairs columnist for
The New York Times, Thomas L. Friedman has traveled the globe, interviewing people from all walks of contemporary life: Brazilian peasants in the Amazon rain forest, new entrepreneurs in Indonesia, Islamic students in Teheran, and the financial wizards on Wall Street and in Silicon Valley.
Now Friedman has drawn on his years on the road to produce an engrossing and original look at globalization. Globalization, he argues, is not just a phenomenon and not just a passing trend. It is the international system that replaced the Cold War system; the new, well-greased, interconnected system: Globalization is the integration of capital, technology, and information across national borders, in a way that is creating a single global market and, to some degreee, a global village. Simply put, one can't possibly understand the morning news or one's own investments without some grasp of the system. Just one example: During the Cold War, we reached for the hot line between the White House and the Kremlin--a symbol that we were all divided but at least the two superpowers were in charge. In the era of globalization, we reach for the Internet--a symbol that we are all connected but nobody is totally in charge.
With vivid stories and a set of original terms and concepts, Friedman offers readers remarkable access to his unique understanding of this new world order, and shows us how to see this new system. He dramatizes the conflict of "the Lexus and the olive tree"--the tension between the globalization system and ancient forces of culture, geography, tradition, and community. He also details the powerful backlash that globalization produces among those who feel brutalized by it, and he spells out what we all need to do to keep the system in balance. Finding the proper balance between the Lexus and the olive tree is the great drama of he globalization era, and the ultimate theme of Friedman's challenging, provocative book--essential reading for all who care about how the world really works.
Customer Reviews:
The Lexus and the Olive Tree.......2007-10-18
This book provides a very good understanding of globilisation by integrating various issues and concepts with critical, illustrative and at times poignant examples. This helps appreciate what globilisation means currently and the historical summary helps explain how we got to where we are today. Consequently we are better able to forecast trends and determine meaningful business and social strategies that will enhance our lifestyles. It is an easy, informative and enjoyable read.
Tons of theories, and examples, good read for learning about Globalization.......2007-10-16
Mr. Friedman is very effective in defending the globalization. It did not paint the picture all peachy and cream about globalization. I remember hearing a term, "those who suffered from globalization always know who they are, those who benefited from Globalization does not always know who they are." A lot of the example in the books are quite relevant. The title of the book is a bit off I think, it is a bit puzzling to me. Globalization is inevitable according to Mr. Friedman, I think it is very hard to resist also. Especially when all the information is flowing freely on the net, it is going to get harder for any countries trying to hold on to the old non-competitive way of living.
What is globalization?.......2007-09-16
Just about everyone has a definition of globalization and a view as to whether it is 'good' or 'bad'. For most of us, relative 'goodness' or 'badness' will depend on how we perceive globalization to impact on us individually or on our local communities.
The case for globalization is not made in this book. The relative measurement of global benefits and disadvantages is not something readily accessible to most of us: what benefits me is likely to disadvantage you.
What makes this book worth reading, in my view, is that by using concrete examples (ownership of the olive tree, or desire for the Lexus)readers may come to see debates about globalization as not just being the realm of economists and governments. Whether we like it or not, globalization is part of the current world landscape. We need to consider what this means at an individual level.
This book does not provide answers. What it does provide is a starting point for identifying and thinking about some of the issues.
Jennifer Cameron-Smith
utterly vacuous...the case for globalization is made far better elsewhere.......2007-08-21
I read this book years ago. While I realized then that the book was poor, only now after reading several other books on the same topic do I realize just how much. Friedman's only discernible talent seems to be filling pages with fact-like tripe and passing it off as, well, something worthy of attention. In the process of course he's swindling people who are actually interested enough in globalization to buy a book. Thomas Friedman isn't an economist, from what I can tell he's not an expert on much of anything, and his long-sustained role as some sort of eminently knowledgeable commentator on these topics bothers me to no end. People like this slow down the progress of all human kind.
Since I'm what you could characterize for lack of a better term as "pro-globalization", this book makes me doubly angry, as it manages to damage the cause it purportedly supports. He can't even preach to the choir properly, since the choir thinks he's an idiot.
Critics of globalization are laughed off in 20 pages, and even if he spent more time he doesnt have the expertise to make a remotely convincing case. This is done far better elsewhere, I'd recommend Martin Wolf's 'Why Globalization Works.' Its a much tougher read for an intro to globalization, but thats because, uh, Wolf actually knows what he's talking about. So if you're "anti-globalization" and want a book to challenge your perceptions, or are just someone generally interested in the topic, read that. But if you feel like having a laugh at a self-absorbed, self-appointed 'expert' and cheerleader for processes he cant possibly understand, then by all means read Friedman.
And just to reiterate for everyone who's read this already, if you think you learned something from this book about globalization, either for or against, you probably didn't.
Excellent Globalization Primer.......2007-07-25
Even though this book is seven years old, I still found it to be a highly adept examination of globalization and a good primer for anyone who, like myself, has not read every tome on the growing global economy. Friedman is obviously an accomplished journalist and author, and brings these talents to bear on much of the book. I found myself pausing quite often to reflect on some of the theories he presented, like Golden Straightjacket, DOScapital, or - my favorite - the Golden Arches Theory of Conflict Prevention.
This last concept serves as a perfect example for the intellectual tone of the book, and some of the debatable concepts. While he was on one of his many globetrotting expeditions, Friedman formed this theory from the observation that no country capable of a sustaining a McDonald's franchise had ever gone to war with another of similar standing. The theory is that by the time the middle class of a country is large enough to support a McDonald's franchise, there is too much for it to loose in terms of global trade capital, to risk a protracted war with another McDeveloped state. Of course, this theory has its adversaries, who often point to the US intervention into Panama or NATO's bombing of Serbia, but that healthy intellectual debate is exactly what makes reading this book so fun and thought provoking.
I only failed to give Mr. Friedman's book 5 stars, because in the end, I thought he could have made his point more succinctly. For, if we truly live in a global world, where we compete against everyone else on the planet, who has time to read a book of over 500 pages?
Book Description
John Perkins's sensational New York Times bestseller Confessions of an Economic Hit Man (more than 300,000 sold) revealed just the tip of the iceberg of the secret world of economic hit men and the web of global corruption. Now more economic hit men and investigators tell the whole shocking story.
Customer Reviews:
Good reference book for "Confessions of an Economic Hit Man".......2007-10-08
This book completely documents how large multinational corporations together with the IMF, The World Bank, and the various "free trade" organizations, as well rule the world and effectively rob from the poor and middle class and increase the wealth of the already wealthy.
It dramatically underscores the fact that if we don't act, and act now, we will be facing a world of new "serfdom", if the world isn't destroyed altogether by the greed and connivery of the world's rich.
This book is a good read, but tends to be a bit dry for the average person. One would be better off tackling books such as John Perkins "Confessions of an Enonomic Hit Man" and "The Secret History of the American Empire" as well as John Howard Kunzler's "The Long Energency" before tackling this book.
A Context the Opposite of What We're Told .......2007-08-17
As an ex-international banker who quit banking for the same reasons John Perkins quit being an Economic Hit Man, I can vouch for the truth of every essay in this fine book. The underlying truth is: the world is increasingly run by the corporatocracy, and it has negligible concern for either the poor countries it purports to help nor the environment in which it functions. The truth is the opposite of what we would like and pretend to be true. And the corporatocracy doesn't just behave as it does in foreign, underdeveloped countries, it behaves the exact same way here at home. The mortgage scandle is the same kind of hustle - selling bad debt to unsophisticated borrowers and investors. The only difference is that the poor people who default on their mortgages don't have natural resources the lenders can now take. Fascism redux.
This is a brilliant book. One can already see how the corporatocracy is ignoring it. It will be interesting to see how it plays out.
The Dark Underbelly of International Economics.......2007-06-27
In CONFESSIONS OF AN ECONOMIC HIT MAN, John Perkins outlined his 20-year career as agent of the government and multinational corporations as they attempted to (and succeeded in) exploiting lesser-developed countries. That book, published by Berrett-Koehler in 2004, painted a rather gloomy picture of the dark side of globalization - in theory, a worthy endeavor.
A GAME AS OLD AS EMPIRE, edited by Steven Hiatt with an introduction by Mr. Perkins, continues the story of this exploitation, abuse, and waste in the name of "globalization." Let me say - as an aside - that I remain a proponent of globalization within the context of responsible stewardship. Removing barriers to trade, offering educational, vocational, and economic opportunities to men and women of all nations, is a good thing. Done properly, economic development and stewardship offers the possibility of true societal progress, ennobling humanity, enriching lives, nurturing the environment and increasing business activity and profits.
Unfortunately, the reality is far different from the ideal. The shortsightedness and greed of political and leaders - focused only on personal enrichment or the next quarter's operating results - leads to a culture of global exploitation. The pattern is familiar: special interests descend like locusts, consume everything in their path, and then move on, leaving a wake of destruction, degradation, and despair.
The book presents a compelling exploration of these economic and human abuses through other voices, most of those voices from men and women that participated for a time in the dance of exploitation for their temporal masters. The individual essays focus on a number of issues ranging from the stranglehold of foreign debt, the culture of ineptitude and corruption in many aspects of international banking, and the unconscionable extraction of natural resources (as in the Congo) at the high cost of human life and economic prosperity.
A GAME AS OLD AS EMPIRE is expectedly one-sided in that it shows only the abuse and corruption of international economics. There are many businesses that operate with high-principles and integrity (while maintaining high earnings for both its management as well as other constituents). However, the book serves an important purpose in that it shows that all is not sunshine and roses in the global economy. There is corruption, waste, incompetence, and short-sightedness that is unacceptable from not only a human standpoint, but from a business valuation perspective as well. I would recommend this book to anyone who seeks to undertake an intelligent study of the state of international economics in the real world.
A revealing survey.......2007-05-10
A GAME AS OLD AS EMPIRE: THE SECRET WORLD OF ECONOMIC HIT MEN AND THE WEB OF GLOBAL CORRUPTION comes from the author of the best-selling CONFESSIONS OF AN ECONOMIC HIT MAN and expands upon the prior book's theme. Where CONFESSIONS was fueled by the author's revelations of economic secrets, A GAME AS OLD AS EMPIRE is joined by other journalists and investigators who tell their own stories of a world-wide web of deliberate corruption, even narrowing topics down to specific countries and how they've been subverted. The result is a revealing survey which expands well upon the popular theme of CONFESSIONS and which deserves a spot in any academic or community library's business, economics, or social issues collection.
A Story that Deserves to be Told.......2007-05-08
This book should be mandatory reading for college students. Through the various essays--written by real people involved in the various aspects of modern empire--the reader gains an understanding of the real work (and damage) done by multilateral development agencies,offshore banks, and global trade organizations. If we want to build a better world and a better future for our children, it is critical we all understand how these various institutions of the global elite affect the global poor.
Book Description
The eighth edition of this best-selling book continues to provide readers with a realistic picture of actual collective bargaining and labor relations situations drawn from the authors' considerable experiences. Sections of actual labor agreements as well as arbitration cases and decisions of the National Labor Relations Board (NLRB) and the courts illustrate and emphasize contemporary issues of collective bargaining and labor relations. Experts in the fields of labor law and arbitration have contributed “tips” on how the concepts in the book can actually be applied.
In addition to covering history and law, workplace challenges, the collective bargaining process, and labor contracts, major features of this new edition include expanded coverage of public sector labor relations, international collective bargaining issues, union organizing and avoidance strategies, and collective bargaining in professional sports.
Because of its comprehensive coverage and excellent resource material, this book is an excellent reference for human resource directors, labor relations directors, personnel directors, and labor negotiators.
Customer Reviews:
Dry.......2007-02-19
I only bought this book because I'm in labor relations class. It's as dry as a piece of stale bread. But if you want to know anything and everything about Labor Relations and the history, BUY IT!
My first textbook order from Amazon.......2007-01-11
This is the first time I have order a textbook online. My experience was awesome. I received my order in a timely manner. The textbook was in outstanding condition. This text consisted of labor law material along with various labor law cases and procedures. I just order another book I am awaiting for the early arrival of this text.
THANK YOU AMAZON !!
Fairly good - Not excellent.......2004-11-19
I just took a college level class in which we used this book as the textbook. There is a lot of good information inside which provides a good introduction to the novice on how the process of collective bargaining works. It begins with the history of how it started and continues through the specific issues that collective bargaining entails. There is even a copy of the National Labor Relations Act in the back of the book.
There are some rough spots that should be worked out in the next edition however. Sometimes I found myself lost in the verbage that the author chose to use and had no idea what the point had been. The case studies at the ends of the chapters have no solutions, they ask questions of you and then leave you - a novice - to flounder with no professional direction in the event - which is frequent - that you can't figure out the answer. And, there are some typo's in key locations which end up disproving, instead of proving, the point that the author was attempting to make (very confusing.)
This text is best used in conjunction with lectures by a good professor if you want to get the most out of it.
Great Book.......2002-05-17
Great book for the novice negotiator or student.Current, easy to read, practical examples.
Concise & complete.......2002-04-11
The authors provide a complete & concise discussion of the process of collective bargaining within a general labor relations context. Many, current cases, tips from experts, and historical references help present the concepts. A solid text for the novice negotiator or interested student.
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