77. The social philosopher Michael Sandel has made a similar point in writing of the need for new transnational law-making institutions if the "loss of mastery and the erosion of community that lie at the heart of democracy's discontent" is to be alleviated:"In a world where capital and goods, information and images, pollution and people, flow across national boundaries with unprecedented ease, politics must assume transnational, even global, forms, if only to keep up. Otherwise, economic power will go unchecked by democratically sanctioned political power. . . . We cannot hope to govern the global economy without transnational political institutions . . . ."Michael Sandel, America's Search for a New Public Philosophy, ATLANTIC MONTHLY March 1996 at 72-73 (emphasis added). See also infra, text at note 75a, for additional parallels between our arguments and Sandel's.