“The great benefit of the admittedly inconvenient, pre-global and more localized world is that it was compartmented into nations.”

Forgive me if this point has already been made upstream, Richard, but this also appears to suggest that downsizing and compartmenting huge-cap corporations might be wise. How can this be made to happen in a prudent yet timely fashion?

I’m not being anti-capitalist here, just aiming for pragmatism about the non-doctrinaire application of the “no ballrooms on battleships” principle. Corporations that are big enough to act like governments seem to violate that principle.