Each time it gets more one sided: efficiency VS robustness.
The more heterogeneous a system is the better it scales. But errors spread fast as most of the system depends on a very small set of services.
When I was a kid, if one of the neighborhood shops had to close the rest were open. Only a power outage would make many shops stop operating, but many others will work on only-cash and it would be a minor inconvenience.
But this neighborhood shops could not operate at international level, nor make its owner the richest person on Earth.
In a not so distant future we are going to have to choose between mega-corporations that can crash the economy or smaller companies that are subject to the evolution pressure of capitalism.
I hope that taxation is increased globally. That would be the equivalent of reducing the amount of oxygen in the atmosphere. And as gigantic animals cannot live in a less oxygen-rich Earth, big corporations cannot live without tax-cuts and special deals with city governments.
The more heterogeneous a system is the better it scales. But errors spread fast as most of the system depends on a very small set of services.
When I was a kid, if one of the neighborhood shops had to close the rest were open. Only a power outage would make many shops stop operating, but many others will work on only-cash and it would be a minor inconvenience.
But this neighborhood shops could not operate at international level, nor make its owner the richest person on Earth.
In a not so distant future we are going to have to choose between mega-corporations that can crash the economy or smaller companies that are subject to the evolution pressure of capitalism.
I hope that taxation is increased globally. That would be the equivalent of reducing the amount of oxygen in the atmosphere. And as gigantic animals cannot live in a less oxygen-rich Earth, big corporations cannot live without tax-cuts and special deals with city governments.