In Globalization 1.0, which began around 1492, the world went from size large to size medium. In Globalization 2.0, the era that introduced us to multinational companies, it went from size medium to size small. And then around 2000 came Globalization 3.0, in which the world went from being small to tiny.
Thomas FriedmanI'm a radical pro-immigration advocate. I'm not saying we just look at the Muslim world or we just look at China, we just look at India as a source of our talent. But, one thing we know... first or second generation or new immigrants or children of immigrants have started about 40% of the Fortune 500 companies. For me it's always been a really very important issue that I want America to be open to the most energetic and talented people from around the world.
Thomas FriedmanToday, natural gas now outstrips coal as the leading provider of electricity in America. If this is as big as people believe it is, natural gas will soon be powering trucks and marine ships. Maybe even standard commercial cars that people use at home through compressed natural gas, other gas to liquids. The potential is there for more energy independence by America and a reliance on cleaner fuel - natural gas emits half as much as coal, in terms of carbon emissions. That's a real bounty.
Thomas FriedmanSupply chains cannot tolerate even 24 hours of disruption. So if you lose your place in the supply chain because of wild behavior you could lose a lot. It would be like pouring cement down one of your oil wells.
Thomas FriedmanI think no country is going to be immune from the Arab awakening because the Arab awakening is driven by deep human longing for dignity, for justice and for freedom. I think that applies to young people in Saudi Arabia as much as to young people in Egypt, Tunisia, or Yemen, or Libya, or Syria. If I were in Saudi Arabia, I would be getting ahead of this and looking for ways to appreciate those aspirations and align my country with them.
Thomas Friedman