Interesting, I will have to think about this a bit more. The time horizon aspect is interesting.
Balaji has his sort of theory of peak centralization and that we are in a period of decentralization. But then I look at the internet of the 90s vs the centralized internet of today and it makes me wonder. I think book "The Square and the Tower" also made me wonder if we are actually on a long trend towards decentralization or if we simply always fall back into centralization.
I know very little about Europe, but couldn't the EU be seen as a sort of recentralization after the reign of nation states?
