Clinton can go over there and hold a meeting and try to influence them, but we have no international processes or structures or ways of showing up that economy. That's one of the many issues in governance, the whole issue of democracy. The state of the art on this is very primitive, you've got Ross Perot and the electronic town hall. Everybody can vote every night on the evening news. Pretty scary idea if you ask me.
Democracy is a lot more of the majority rule on a nightly basis.
One of the things it's done is protecting the rights of minorities. Well most corporations haven't got it yet. They view their challenge as building wonderful Web sites that move beyond just providing information to enabling electronic commerce, to buying and selling goods online. What we've got now is a new infrastructure to change the nature of the firm and the way we create wealth. He explained that the cost of doing that would be prohibitive.