> First, let's get rid of the idea that a central government has the authority to create and enfore laws. That's pretty much a recipe for disaster.
That's not a recipe for disaster. That's the universal solution for coordination problems we keep arriving at throughout the history. Creating and enforcing universal laws is the one thing government is actually really good at. The market on the other hand, totally sucks at it. It has its strengths though, and whatever the solution is, it will involve a mix of centralized and distributed responsibility.
I refer you to [0] for an in-depth discussion on coordination problems. It's a long read, but totally worth it.
[0] - http://slatestarcodex.com/2014/07/30/meditations-on-moloch/