Christian_Szegedy comments on Cultivating our own gardens - Less Wrong
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There are optimization problems where a bottom-up approach works well, but sometimes top-down or in most cases not so easily labeled methods are necessary.
If mathematical optimization is a proper analogy (or even framework) for solving social/ethics etc. problems, then the logical conclusion would be: The approach must depend heavily on the nature of the problem at hand.
Locality has its very important place, but I can't see how one could address planet-wide "tragedy of the commons"-type issues by purely local methods.