Golden Arches
The
Golden Arches
are the famous
symbol
of
McDonald's
, a
fast-food
hamburger
chain based in
Chicago
. They have also been seen more broadly as a symbol of
capitalism
or
globalization
, since they are one of the more prominent
American
corporations
that have become global in their reach (along with
Coca-Cola
and
Nike
). In his book,
The Lexus and the Olive Tree
Thomas L. Friedman
proposed
The Golden Arches Theory of Conflict Resolution
, observing that no two countries with a McDonald's franchise had ever gone to war with one another, a version of the
democratic peace theory
. Shortly after the book was published, the
NATO
bombing of
Serbia
proved an exception to the theory.
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