The World is Flat Chapter 8 Aaron Zimmerman Stuart Koerner

Chapter 8 This Is Not a Test “We are entering an era of creative destruction on steroids.” “We are entering an era of creative destruction on steroids.” Cold war arms and space race. Cold war arms and space race. As Americans we have to know what to keep, what to discard, what to adapt, what to adopt, where to redouble our efforts, and where to intensify our focus. As Americans we have to know what to keep, what to discard, what to adapt, what to adopt, where to redouble our efforts, and where to intensify our focus.

Leadership Lawyers vs. Scientists and Engineers. Lawyers vs. Scientists and Engineers. IBM IBM Lou Gerstner Lou Gerstner United States leaders need to acknowledge that the world is flattening. United States leaders need to acknowledge that the world is flattening.

Muscles “…[T]he greatest single asset that the American economy has always had is the flexibility and mobility of its labor force and labor laws. That asset will become even more of an advantage in the flat world, as job creation and destruction both get speeded up.” “…[T]he greatest single asset that the American economy has always had is the flexibility and mobility of its labor force and labor laws. That asset will become even more of an advantage in the flat world, as job creation and destruction both get speeded up.” Universal pension account Universal pension account Modernizing of Agriculture Modernizing of Agriculture Everyone goes to college! Everyone goes to college! CapitalOne approach. CapitalOne approach. Versatilist Versatilist

Good Fat Cushions Worth Keeping Some Fat is good Fat Some Fat is good Fat One good Fat is Wage Insurance One good Fat is Wage Insurance Why any Fat at all? Why any Fat at all?

Social Activism Companies have the power in a flat world. Companies have the power in a flat world. People are becoming more and more socially and environmentally responsible. People are becoming more and more socially and environmentally responsible. Companies squeeze suppliers. Companies squeeze suppliers. McDonald’s. McDonald’s. It’s the customers job to watch over companies. It’s the customers job to watch over companies.

Parenting America is losing edge in innovation. America is losing edge in innovation. False feeling of entitlement. False feeling of entitlement. Reading is out. Reading is out. Parents need to lay down the law! Parents need to lay down the law! Cure for cancer in 10 years?? Cure for cancer in 10 years??

Class Discussion Why does Friedman discuss immigration as something that needs to be controlled if earlier in the book he mentioned how a flat world is, “Free of borders and boundaries?” Why does Friedman discuss immigration as something that needs to be controlled if earlier in the book he mentioned how a flat world is, “Free of borders and boundaries?” How do people feel about leaving social activism up to the consumer to enforce? Should it be consumers that say companies should be responsible or should government take a bigger stand in the fight? And if it is government what about a global or earth government? Would this be a good idea in order to level the playing field? Is this maybe an that Friedman is leading us to later in the book? How do people feel about leaving social activism up to the consumer to enforce? Should it be consumers that say companies should be responsible or should government take a bigger stand in the fight? And if it is government what about a global or earth government? Would this be a good idea in order to level the playing field? Is this maybe an that Friedman is leading us to later in the book?