Quote
The Economically Out-of-Date Nation-State
Eric Garland
2012-11-20
http://blogs.hbr.org/cs/2012/11/the_economically_out_of_date_n.html
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What is the alternative to a national economic strategy? A wide variety of new networks that may well drive the future of prosperity. In the wake of global instability, we see new economic and political networks popping up as people excluded from the global financial system look for alternatives. The fiscal failures of the nation-state are strengthening independence movements in places like Scotland, Catalunya, and Quebec. New forms of money, such as regional currencies and stateless digital currencies like Bitcoin, are emerging to tie likeminded people together economically while global bankers worry about the chaotic debt structures they designed.
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Eric Garland
2012-11-20
http://blogs.hbr.org/cs/2012/11/the_economically_out_of_date_n.html
...
What is the alternative to a national economic strategy? A wide variety of new networks that may well drive the future of prosperity. In the wake of global instability, we see new economic and political networks popping up as people excluded from the global financial system look for alternatives. The fiscal failures of the nation-state are strengthening independence movements in places like Scotland, Catalunya, and Quebec. New forms of money, such as regional currencies and stateless digital currencies like Bitcoin, are emerging to tie likeminded people together economically while global bankers worry about the chaotic debt structures they designed.
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