In the past, global systems have taken decades, even centuries, to develop. Most existing global systems are clunky in their operation, each having to struggle through a maze of conflicting regulations as they cross from one jurisdiction to another. Few global standards are in place, and only a select few have a global authority for dispute resolution. Many people are quite vocal in their opposition to anything that sounds like globalism; however, the driving forces behind global systems will be based on the opportunities they create. Each new global system will be worth hundreds of billions of dollars to the business communities they represent, and political fortunes will be won and lost in the process.
The following are some examples of global systems that we will see in the future:
Global accounting standards for publicly traded companies. Establishing globally accepted accounting standards will mitigate many of the past problems and tend to stabilize confidence in countries around the world.
Global currency. The first global currency will be established as a digital reference point, a global standard.
Global intellectual property system. A coalition of worldwide intellectual property agencies will begin to establish the first global intellectual property system.
“Whole Earth” ownership project. Most wars begin as land disputes. Creating a global authority to establish and record property ownership will go a long way towards resolving disputes. The “Whole Earth” ownership project will be centered on a comprehensive database of land ownership records linked directly to countries around the world.
Global tax code. With national tax codes creating complex impediments to the free flow of commerce, a new simplified global standard tax code will emerge to better manage the difficulties of monitoring a fluid population engaged in borderless economies.
“Whole Earth” genealogy project. Even though there have been failed efforts in the past to consolidate the earth’s genealogy, none have been officially sanctioned. [Designed to achieve] the best possible balance between the need for personal privacy and the vast array of useful data that a system like this can provide, a true global effort will begin to consolidate all genealogical information on all humans.