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The World is Flat

Over the 4th July long weekend, I am alone since my family is in India on extended vacation. This is good time for me to catch up on my reading. I went to Borders and bought "The world is Flat" by Thomas Friedman. I had just onto second chapter and I must say that it is MUST read for anyone educated and want to get ready for this changing world order. Fortunately for us indians, the new order is much more beneficial for India (and China).
I liked his concept of Globalization 1.0, 2.0 and 3.0 phases. First phase from was 1492 to 1800 when countries went on to discover other countries in search of wealth and eventually colonization came in. In 2.0 (from 1800 to 2000), big companies starting from East India Company to today's IBM had power and went across globe to become multi-nationals. In 3.0 which has started post 2000, individuals would have the power.
Currently reading 10 factors which caused the world to become "flatter". More later on this reading....

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