the lexus and the olive tree - kansas state university.pptVIP

The Lexus and the Olive Tree Understanding Globalization Overview Thesis Explain how a new generation of globalization became dominant and how it effects everything Globalization The inexorable integration of markets, nation-states, and technologies Based on free market Capitalism Two Times of Globalization End of World War I until 1989 Cold War Period USA vs. USSR 1989 to present Since the fall of the Berlin Wall (Communism) Globalization Characteristics: Own dominant Culture People Movement Structure Power Comparing the Cultures Cold War (Old) Division – The Wall Frozen Regional homogenization Weapons Einstein Friends and Enemies Globalization (New) Integration – The Web Dynamic Growing “Americanization” Bandwidth Moore’s Law Competitors Comparing the Cultures Jacob Frenkel: “Before…we started by looking at the local markets, local financial systems and the interrelationship between them, and then, as an afterthought, we looked at the international economy…Now we reverse the perspective. Let’s not ask what markets we should export to, after having decided what to produce; rather let’s first study the global framework within which we operate and then decide what to produce.” People Movement Demographic Pattern People moved from agriculture and rural areas to urban areas with urban lifestyles Structure Power Old System Nation-states dominated and balanced each other from within Globalization Between nation-states Nation-states global markets Nation-states individuals Structure Power Between nation-states USA sole superpower Nation-states global markets Global investors finance markets Nation-states individuals Terrorists Information Arbitrage Arbitrage… Having a lot information, from many different sources, and then knowing how to sort it out …in Globalization Knowing as much about the complete makeup of a country and how each one depends on the others Information Arbitrage Six areas of knowledge Politics Culture National Security Finance Technology