Now financial liberalization is just a catastrophe waiting to happen, and there are very well understood reasons for that.
No use in waiting, we can all work hard to bring about changes.
The big change, the really radical change in communication, was in the late 19th century. The shift from sailing ships to telegraph is astronomical. Everything since then has been small increments, including the internet. So you don't have to wait for a letter to get to England in six weeks, you have almost instant communication. That was an enormous shift.