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THE LEXUS AND THE OLIVE TREE

by

Thomas L. Friedman

Foreword to the Anchor Edition

Globalization is not a trend or a fad but is an international system which replaced the Cold War system and, like its predecessor has its own rules and logic that now influence the politics, geopolitics, economics and environment of virtually every country in the world.

I have carefully examined the controversial sub-theses. One of them is my Golden Arches theory - that no two countries that both have McDonald's have ever fought a war against each other since they each got their McDonald's (As of April, 1999) and have found it still valid.

OPENING SCENE:

The World Is Ten Years Old

On December 8, 1997 Thailand's government announced it was closing 56 of its 59 finance houses. Thai businesses had launched a huge building program with U.S. dollars, borrowed from their finance houses who loaned, thinking themselves safely backed by their......

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Approximate Word Count: 15565
Approximate Pages: 63 (250 words per double-spaced page)

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