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Regionalized Globalization
- Despite the talk of a "flat world," most global trade and investment remains regionalized.
- Cross-border flows are increasing, but their geographic reach hasn't expanded significantly since the turn of the century.
Corporate Bias
- Friedman often presents narratives through the lens of corporate elites.
- His book relies heavily on interviews with CEOs, shaping his perspective on globalization.
Walmart PR
- After criticizing Walmart's labor practices, Friedman quotes the CEO saying they'll improve.
- He effectively runs PR for the company, undermining his earlier critique.