To me the last paragraph says everything beautifully:



"...Therein lies the great irony of manipulation: The more we depend on markets, the less we trust them. Needless to say, that is a far cry from the “invisible hand” on which the efficacy of markets rests. We claim, as Adam Smith did, that impersonal markets ensure the most efficient allocation of scarce capital; but what we really want are markets that operate only on our terms..."



In short we want global markets to maximize our benefit, earning but we want such global markets to work on our own terms, based on our own selfish calculations, manipulations.

And this is a self-destructive paradox.



The global, fully integrated world we exist in today is not man-made, this is our current stage of evolution.

The whole system of nature we evolved from and still exist in is also fully integrated, 'global", working on singular principles, unbending natural laws so it was mandatory that human society takes on the same global integral form sooner or later.



The problem is we still want to use this fully integrated, interdependent system selfishly, only viewing it from subjective, self-serving point of view.

Which makes us exactly like cancer cells, cancerous organs within a single body.

It is not surprising we are struggling from crisis to crisis, it is not surprising we are sleepwalking towards unprecedented meltdown.



We can't solve our problems with tweaking our present setup, institutions, extending our present lifestyle.

Instead we have to learn how to adapt to the fully integrated, interdependent world we have around us as evolutionary conditions otherwise we do not merit to continue our evolution.



Nothing is "going global" everything is already global except our mindset, the attitude how we relate to each other and to the system around us.

it is us, how we interconnect that has to change nothing else.