Abstract:
Just as medieval municipal republics surrendered to national sovereigns in the past, incumbent states
may be replaced in the future by an alternate, global public order. Citizens and merchants would
obtain more equal rights, better market infrastructures, and a more efficient provision of public goods
at all levels of government, from the local to the global. This proposition is supported by an agentbased,
incentive-compatible model where individual rights—economic and political—are established
within an ongoing bargain with rulers. Enfranchisement then shapes the autonomous dynamics of civil
society and markets and, over time, allows for feedback of preferences into the core bargain on rights.
Globalization results from a capacity to trade and associate that extends far beyond home jurisdictions,
yet on the basis of differentiated franchises. In this representation, the world is anarchic, pluralistic,
unequal, and growing. Although it is no longer state-centered, long-term change is driven by the
attempts and failures of states to establish a more coherent normative infrastructure and to respond to
new social demands. From this account, we derive four scenarios of global reordering, among which
maximal integration would see the classical nation-state split into two parts: a decentralized, federal
structure of government; and a unified legal order that would warrant equal rights and generalized
open access throughout the world.
