26 Aug '11 13:42>
Originally posted by quackquackLocal government will always be needed - simply because it's not efficient to run everything from a central government. However, an overarching world government - if sufficiently democratic - would help alleviate some issues like protectionism, some wars and various other conflicts.
I think a lot of the bailouts are because our economies are all intertwined. It does not necessarily mean that we want to have one worldwide governing authority and it does not mean that people view this intertwining as a positive change that they wish to extend.