It is not often noticed that Mises staged the famous socialist calculation debate of the interwar period not at the scale of the nation but at the scale of the world. He claimed that a hy­po­thet­i­cal "general director of the world economy" was redundant ­because "what would happen ­under ideal world socialism by order of the general director of the world economy is achieved in the ideal of the ­free world economy by the reign of competition." In a market system, companies, capital, and workers migrated of their own accord to better-­yielding conditions. To fail to migrate would be to fail and, ultimately, to starve.

Quinn Slobodian, Globalists, loc. 361