Flat Note from the Pied Piper of Globalization

Thomas L. Friedman's new book is one of those works that reveals more than the author seems to intend—or perhaps understands. For the past year or so, a new tone has seeped into the writings of Friedman and the other pundits who have promoted the protection system for transnational investors that we call globalization and the rest of the world calls "neoliberalism." In the past they have assured us that, whatever we call this process, it is a "win-win" for everyone, apparently the only exception to the dictum of another Friedman (Milton, no relation) that there is no free lunch.