While SIFMA and American banks prefer a centralized approach with industry utilities like SWIFT and DTCC, others see advantages to a federated model.

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It has a centralized planning approach that moves quickly and achieves results.

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Here in India, land pooling is being floated as an alternative to the centralized master planning approach in the nation.

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Some customers recommend a dramatic change in approach, from huge, centralized generation facilities to many smaller, safer, renewable generation facilities that are decentralized and closer to end-users.

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So I would look to some media companies to adopt kind of the holding company approach where there is a centralized body and maybe some sort of oversight, but let each core division in the core subject areas grow on their own and grow their own budgets.

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If the point is to critique power and centralized control, and the reformers like Mayor Bloomberg are guilty of this approach, then it makes sense to critique the reformers.

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