By global, I mean Universal, all-encompassing. Advocating for one such system is like advocating for a global government. There are better alternatives. Local,

By global, I mean Universal, all-encompassing. Advocating for one such system is like advocating for a global government. There are better alternatives. Local, discrete, networked systems that can co-evolve with its participants. They reduce of chance of total collapse of the system and can be isolated when needed, stopping the risk of contagion and avoiding "too big to fail" entities.