1. The Lexus and The Olive Tree
Thomas L. Friedman

2. The Symbolism of The Lexus
Lexus: Japanese Luxury Car
Characteristics
Symbolism

3. The Symbolism of the Olive Tree
Rooted
Stable
Symbolism:

4. Tension Between the Lexus and The Olive Tree
Globalization: not a choice
Sense of Identity v. Surviving in the Global system

5. Democratization of Technology and Information Of Finance
The role of the Internet

6. The Golden Straitjacket
Making the private sector the primary engine of economic growth
Maintaining a low inflation rate
Shrinking the size of the state bureaucracy
Maintain a balanced budget for government
Deregulate capital markets

7. The Golden Straitjacket
Open industries, stock and bond markets, and foreign access to local ownership
Eliminate government corruption
Open the banking and telecomm industries
Allow citizens a choice of competing pension systems

8. The Electronic Herd Two Basic Groups: Short-horn cattle
Long-horn cattle

9. The Golden Arches Theory of Conflict Prevention
When a country reached the level of economic development where it had a large middle class to support a McDonald’s network
Two Mc Donald countries didn’t fight wars anymore
They preferred to wait in line for burgers