Tuesday, November 27, 2007

Chapter 4: Friedman, A Marxist?


Friedman thinks the Great Sorting Out is what to follow the Triple Convergence. It's here to sort out or clean up the confusion that defines us. A funny issue in the Great Sorting Out that had to be negotiated was the Indian company won a bid by placing 8.1 million dollars lower than its competitors. The bid was for the upgrading of the unemployment department of the state of Indiana. Whats going on, the Zippies are taken over. But I don't think that is the case, the transnational corporations are actually in control of the Zippies. The corporations are actually in pursuit of uncontrolled raw capitalism. It's the same way capitalism was gone after in the Industrial Revolution before all the regulations took control. President Theodore Roosevelt reigned in raw capitalism and started the mix economy, and now the free-market Friedman now seems to emphasize that with his flat world. As quoted from Marx "A world after its own image". One of my favorite parts in this chapter is when Friedman visits Micheal Sandel at Harvard and tells Friedman that the flattening he is talking about is similar to the Communist Manifesto. Basically saying that what Friedman is arguing is that developments in information tech are enabling companies to squeeze out all the inefficiencies and resistance from the markets.

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