The componentization phase of globalization has begun. One can’t roll the world back to pre-globalization days, but for it to be sustainable, things have to be encapsulated to safeguard protected memory spaces. There is a need for standard interfaces, not “open borders.” The networked world has been overwhelmed by complexity, whether it takes the form of the breakdown of trusted authority or the dazzling profusion of “collusion.” The intellectual challenge is how to make it safe for people to deal with strangers in a connected world. The problem can be solved but it can’t be solved by people who don’t think it’s a potential problem.
Additionally, a relevant article at Commentary: The Global Citizen Fraud.