Summary Of Globalization The Super Story By Thomas Friedman
Introduction
Thomas Friedman writer of, “Globalization The Super-Story” introduces/focuses how the fast-pacing world brings with it unique and novel concepts. Technological advancements have continued to shape the economical, political, social, and cultural landscapes of the modern society at the local and international spheres. Through the exchange of ideas and innovations, the world has witnessed ongoing and sustained growth in numerous sectors. Globalization has become a typical adjective that defines today's society and builds one understands of the present world, while tracing the changes that have occurred from the times of the world wars to the modern times through the lens of globalization. Essentially, Friedman provides a brief discussion …show more content…
Through the enhancement of electronic trade and commerce, the people can transfer money and resources faster, cheaply and more efficiently than in the preceding times. As a result, big corporations such as Hong Kong, London, Wall Street, and Frankfurt have emerged and held on such a strong and indomitable front that controls some of the states, that forces them to promote their agenda. For instance, Friedman notes how the electronic market, which he calls the Electronic Herd, was instrumental in the ousting of Suharto by withdrawing their financial support for Indonesia(Friedman, pg. 393 prg. 9). Thus, while America can destroy a state by dropping the explosives, the Supermarkets do so by downgrading the company bond value in the capital market (Friedman, pg. 393 prg. 9). I find this to be an important point in understanding the phenomenon of terrorism in the contemporary society. It is through the same global interconnections that money and other resources are channeled to fund the terrorist groups. Friedman's conclusion is that the perception of the world news is not complete until one looks at it from the aspect of the struggles between the states, supermarkets, and the super-empowered individuals. Globalization has handled power struggles amongst the states of the world as each country attempts to defeat the other through the display of their military abilities. Certainly, the world's market leaders are in a confusion for exerting control over the
Thomas Friedman writer of, “Globalization The Super-Story” introduces/focuses how the fast-pacing world brings with it unique and novel concepts. Technological advancements have continued to shape the economical, political, social, and cultural landscapes of the modern society at the local and international spheres. Through the exchange of ideas and innovations, the world has witnessed ongoing and sustained growth in numerous sectors. Globalization has become a typical adjective that defines today's society and builds one understands of the present world, while tracing the changes that have occurred from the times of the world wars to the modern times through the lens of globalization. Essentially, Friedman provides a brief discussion …show more content…
Through the enhancement of electronic trade and commerce, the people can transfer money and resources faster, cheaply and more efficiently than in the preceding times. As a result, big corporations such as Hong Kong, London, Wall Street, and Frankfurt have emerged and held on such a strong and indomitable front that controls some of the states, that forces them to promote their agenda. For instance, Friedman notes how the electronic market, which he calls the Electronic Herd, was instrumental in the ousting of Suharto by withdrawing their financial support for Indonesia(Friedman, pg. 393 prg. 9). Thus, while America can destroy a state by dropping the explosives, the Supermarkets do so by downgrading the company bond value in the capital market (Friedman, pg. 393 prg. 9). I find this to be an important point in understanding the phenomenon of terrorism in the contemporary society. It is through the same global interconnections that money and other resources are channeled to fund the terrorist groups. Friedman's conclusion is that the perception of the world news is not complete until one looks at it from the aspect of the struggles between the states, supermarkets, and the super-empowered individuals. Globalization has handled power struggles amongst the states of the world as each country attempts to defeat the other through the display of their military abilities. Certainly, the world's market leaders are in a confusion for exerting control over the