Posted on 03/21/2022 4:59:41 PM PDT by FarCenter
Why the world faces a serious paradigm crisis
...
In his "The Lexus and the Olive Tree," published in 1999, American columnist Thomas Friedman propounded his "Golden Arches Theory," which holds that "no two countries that both had McDonald's had fought a war against each other since each got its McDonald's."
This theory claims there can no longer be a big war because the former Soviet Union and East European countries have become democracies and market economies, creating a globalized and integrated world economy with people, goods and money moving around freely. This view was also reflected in the policy of engagement with China, which was based on the assumption that China's accession to the World Trade Organization and the consequent integration of its economy into the Western capitalist economic order would push the nation toward democracy.
McDonald's opened its first hamburger shop in Russia in Moscow in January 1990 and became a symbol of the end of the Cold War. But the Russian war against Ukraine has forced the company to suspend its operations in Russia.
The conclusion of the Cold War three decades ago ushered in an era of accelerating economic globalization. But Russia's invasion of its neighbor has shaken the very foundations of the post-Cold War world order and threatens to alter basic assumptions about the global economy, which is underpinned by international trade and financial systems taken for granted by most.
The paradigm of economic policy, especially monetary policy, is being shaken.
(Excerpt) Read more at asia.nikkei.com ...
Yes. Friedman is a moronic hack. Always has been.
All Friedman has to do is open his mouth to get disproved.
His is the intellectual level worshiped by the Left. It fits them to a “T”.
Good point. And was disproved when Russia took Crimea in 2014.
It was a pop ripoff of one of R.J. Rummel’s observations of governments of a representative type.
Russia has Uncle Vanya’s Burgers now.
Heck they had McDonalds in the Balkans in the 90s. Friedman is a clown, a total buffoon, always wrong.
One of the Great Idiots of the Western World.
Friedman has always been an idiot.
Norman Angell made the same argument in 1910 in The Great Illusion that due to the interconnectedness of their societies, there would never again be a Great War in Europe.
Friedman struck gold with “From Beirut to Jerusalem”, it’s an excellent and insightful read. I suspect he either suffered a significant head injury or started believing his own press shortly afterwards because just about everything he’s said or written afterwards is clichéd garbage.
As for McDonalds, I think a lot more should be written about what market forces caused the Clown to abandon millions to billions of dollars of investment to stay on the good side of the global elite, and what they got in return.
What about Starbucks, Burger King, and Dairy Queen?
“Friedman struck gold with “From Beirut to Jerusalem”, it’s an excellent and insightful read. I suspect he either suffered a significant head injury or started believing his own press shortly afterwards because just about everything he’s said or written afterwards is clichéd garbage.”
1989 When that book came out. I read it. Nothing Friedman has done since then has been worthwhile. BUT they love his arse in DC and NYC and that’s all he cares about. He has been stupid and pompous for years.
When you’re living off your wife’s millions, you grow into a brain dead idea. I call this the “John Kerry Syndrome.”
It was disproved when NATO bombed Serbia in 1999.
Iraq has McDonald’s.
idea = idiot.
While this is false, The entire west has been in the process of “cancelling” russia. So this idea in that sense, is indeed true
Taco Bell will win the Franchise Wars.
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