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Rising Inequality in the New Global Economy by Nancy Birdsall

The world is becoming ‘flat’says Thomas Friedman, a New York Times columnist, in his new bestseller The World Is Flat: A Brief History of the Twenty first Century. Aglobophile (an enthusiast of globalization), Friedman is urging the US to take note of China and India’s ability to compete on a new, Web-enabled global playing field. The US needs to adjust to the new, flat world, one in which its longstanding technological and economic dominance is ending.

True: In the new global economy, the US may no longer easily dominate. But the world is not, in fact, flat. Some entire countries and many people in many countries are stuck in deep craters that mar the global landscape. Those of us on the top, with the right education and in the right countries, can easily overlook the injustice and the frustrations they endure, and the problems they pose for the endurance and prosperity of the ‘flat’ world.

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Rising Inequality in the New Global Economy by Nancy Birdsall