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| Topic: |
Business
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| Number of pages / Number of words: |
5 / 1140 |
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Symptoms are slower productivity and lower living standards. Chapter 6 explains that the only way to avoid MIDS as a nation or company is to put on the "golden straightjacket" and basically giving into globalization and conforming to it's standards of lower inflation, lower tariffs, increasing exports, and opening industries...
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In addition to putting on the straightjacket, a country must also join the electronic heard. The electronic heard is covered in Chapter 7 and is characterized by short horns and long horns referring to the small and large multinational investors around the globe.
The second section of the book goes into detail about how countries and companies are reacting to this new change...
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The Lexus and the Olive Tree by Thomas Friedman
Lexus And The Olive Tree Summary
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The Lexus and the Olive Tree
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