Tuesday 30 October 2012

Use of the Lexus and Olive Tree

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While ignoring the precious individuality among un-globalized nations, Friedman presents a Utopian vision with the global community. But as Gangaly (2004) points out, in \"The Lexus and also the Olive Tree\" there\'s no intrinsic value in cooperation, and \"its only extrinsic significance is being a temporary alliance to gain a short-term goal, for your long-term goal is always to acquire ahead, beat the competition, leave everyone behind, and die on the most toys.\" (Gangaly 1) Linked to this failure of Friedman\'s book is its ignoring of the rising opposition to globalism, as well as the possible influences of new, anti-global political trends.

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Friedman presents an inherently complex topic towards layperson, who subsequently leaves having a false belief that he understands the full implications of global economic complexities. Angel (2001) asserts that the book is \"chock full of glaring misanalyses, inconsistencies, false dichotomies, and even, dare I say, naiveties. . .\" (Angel 1) They\'re thinly veiled via a collection of very own anecdotes, analogies, and other devices which render the material obtainable to the layperson. Friedman\'s sort does have \"street-cred\", but he falls far short of achieving solid economic theory.

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Gangaly (2004) highlights what looks to become probably the most marked contrast in between Friedman and real economists - the attempt of his work to elevate economic THEORY around true practice. Rather than being definitely reflective of reality, it attempts to generate the reality deemed ideal by the theorist.

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