Though I had this book presented to me over a year ago at a corporate event, I had put it down after 10 pages. Recently, I had an opportunity to attend a lecture by Friedman and this has kindled my interest in the book. However, in the end his 45 minute address was far more interesting than the 450 page book. The book excites the reader for a moment with insights and the next moment frustrates as the narrative loses the focus.
Friedman basically is a cheerleader for globalization. Friedman writes that the world has now entered the era of "Globalization 3.0. The Globalization 1.0, which ran from 1490 until 1800 and was driven by mostly European countries through colonization by force and Globalization 2.0 starting 1900 was led by US multinational companies driven to look abroad for markets and labor. That has ended around 2000, replaced by the individual of every race and country with the aid of global fiber-optic network that has made us all next-door neighbors -- connecting, competing, collaborating.
In particular, Friedman is obsessed with one of the greatest recent economic phenomena- the outsourcing of services and information-technology work to India. However, Friedman over estimates its novelty. Globalization or level playing field ( flat world ) is not new. Manufacturing outsourcing to China, supply chains from diverse countries has been in vogue for the last 2 decades. Like wise the start of Dell from scratch taking on the mighty IBM, or Apple’s i-pod that has swept away all the personal audio players from market have been possible because of the level playing field only. What must have intrigued Friedman to make this journey to India is to understand how can a Jerry Rao, Azim and the like from a Third World country could have been an international success. Friedman has been Foreign affairs columnist of New York Times for long and we can understand the reason for his dismay at suddenly discovering outsourcing to India and China will affect the western economies.
If one can bare with the emphasis on first person ( the “I” in the key board must have worn out) and at times dragging monologue, the book will be lively and provocative to all those who remained locked up in a cup board for the last decade.