Homework answers / question archive / Write 8 pages thesis on the topic critique of thomas friedman its a flat world, after all

Write 8 pages thesis on the topic critique of thomas friedman its a flat world, after all

Writing

Share With

Write 8 pages thesis on the topic critique of thomas friedman its a flat world, after all. During his visit, he met Nandan Nilekani, then CEO of Infosys, one of India’s major IT companies and after one such meeting with him understood how the world has become a “level playing field” and thus flatter. “Alas, I encountered the flattening of the world quite by accident…I was visiting the Indian high-tech capital, Bangalore…At one point, summing up the implications of all this, Nilekani uttered a phrase that rang in my ear…Tom, the playing field is being leveled.” (Friedman 2005). Globalization in hand with technology particularly IT has first ‘flattened’ the competitive field in the IT sector and in other business sectors, secondly, made geographical boundaries invisible and thirdly, aided many Third World countries to elevate their economic status.&nbsp.

Friedman divides globalization into three historical phases and also points out the key force which influenced globalization in each phase, and how the world became smaller after each phase. He terms the first phase as Globalization 1.0 and states that starting from the year 1492 and till 1800, the world shrunk from a large size to medium size, with the mindset of people of those times to discover new places, search for places with resources and imperialistic tendencies, acting as the influencing force. Then, Globalization 2.0 was visible from 1800 to 2000, during which companies due to opening up of markets by various countries and importantly due to the advancement of technologies, started globalizing and accessing new countries, thereby reducing the size of the world even further. Finally, Friedman writes about Globalization 3.0, which started around 2000 and is still continuing with more development. He states that in this present&nbsp.phase of globalization3.0, the convergence of fiber-optic micro cables and computers has made the world even smaller and importantly flatter place.