Everything is local, including the global, although we still need to localize it. The neoliberal hegemony results from the way it floats in the air, spreads via countless channels that are barely visible for the most part, and appears invincible because it can’t be situated. Rather than seeing Wall Street as a celestial raptor dominating the world as God used to, we would have much to gain by determining its material, relational networks, tracking the connections from a trading floor out to their last fiber. One would find, no doubt, that the traders are just idiots, that they don’t even deserve their diabolical reputation, but that stupidity is a power in this world. One would ponder those black holes, the clearing houses such as Euronext and Clearstream. Similarly for the state, which is perhaps, as an anthropologist has suggested, nothing more, basically, than a system of personal loyalties. The state is the mafia that has defeated all the others, and has thus won the right to treat them as criminals. To identify this system, trace its contours, locate its vectors, is to restore it to its terrestrial nature, bring it down to its real level. There is research to be done, then, which alone can remove the aura from that which claims hegemony.