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Article by Peter F. Drucker in Foreign Affairs exploring how the nation-state has remained in existence despite globalization. Drucker begins the essay discussing how intellectuals have been predicting the decline of the nation-state for the last two centuries. He proceeds to talk about how some changes, such as global money, reflect a more globalized world in the midst of the continuing nation-state, and how it has encouraged a more globalized economy, with multinational companies becoming transnational. He concludes by emphasizing the need for international law to enforce global economic order, since total war is no longer an option for nation-states.