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Globalization can be partly responsible for the current global economic crisis. Case studies of Thailand and the Arab nations' view of globalization show that globalization is a threat to culture and religion, and it harms indigenous people groups while multinational corporations profit from it.
In the post-World War II period, states sacrificed globalization while embracing democracy at home and national autonomy. [7] The trilemma suggests that the backlash against globalization in the last few decades is rooted in a desire to reclaim democracy and national autonomy, even if it undermines economic integration. [ 7 ]
The book analyzes the elements that lead different nations to succeed or fail, in the author's opinion, focusing on demographic, geographic, and historic factors. It asserts that the period from the 1950s to the 2020s represented a peak period of rapid economic development and innovation; meanwhile, the present (2022) and future would be ...
The Lexus and the Olive Tree: Understanding Globalization is a 1999 book by Thomas L. Friedman that posits that the world is currently undergoing two struggles: the drive for prosperity and development, symbolized by the Lexus LS, and the desire to retain identity and traditions, symbolized by the olive tree.
The World Is Flat: A Brief History of the Twenty-First Century is a 2005 book by American political commentator Thomas L. Friedman.It analyzes globalization in the early 21st century, suggesting that the world has a level playing field where countries, companies, and individuals need to remain competitive in a global market.
The AOL.com video experience serves up the best video content from AOL and around the web, curating informative and entertaining snackable videos.
The book deals mainly with the effects of globalization. It describes a growing social divide as a result of "delimitation" of the economy and a loss of political control by the state over the economic development, which is increasingly controlled by global corporations. The authors warn of a so-called "20-to-80-society". [3]
False Dawn: The Delusions of Global Capitalism is a 1998 book by political philosopher John Gray that argues that free-market globalization is unstable and is in the process of collapsing. A 2002 edition includes a foreword that relates the themes of False Dawn to the 11 September 2001 attacks and the new US military posture that led to the ...