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Saturday, January 31, 2004

Special Section= Death of nations as main economic control system of the networked age

This is a BIG! subject

Let's use this first thread to not some of the cracks that will cost people dear if they cling to national power as the only economic system interacting in an age of worldwide networks and deep local communal competences

We can always start particular threads for specialist debates- but where do we see the cracks in ways that people as the braodest participants in democracy need to start questioning

Currency- for the foreseeable future America's looks weak because it is so much in debt as a nation; Germany's whilst hidden inside the Euro is causing a lot of pent up frustrations for German workers that they don't need

Global Corporations are paying less and less tax to their headquartered countries; leaving people in societies to pick up the tax bill as well as the systemic risks of all the short-cuts sectors are taking - see volatility club

The most promising exchanges -ecause they are hi-trust and hi-motivating for the working people and societies involved- seem to be happening between people communities - twinning cities, villages, clusters in ways that microfinance economies from the grassroots up, and fly below the radar of national boundaries

Of course China is the most bizarre example of all. A rapidly developing if not so free country insiode its borders financed by the third richest race on earth- the expatriate Chinese.