leaderless collective
... Yago G, Goldman D The leaderless collective (Leonard Tan) The advent of globalization has facilitated the movement of people, information, and trade to cross national boundaries. ... In the section The Leaderless Collective, which deals with the subject of financial markets, Norberg seeks to refute the three main arguments advanced by critics of globalization on this issue, namely, the irrational movement of stock markets caused by speculators, the increasing market fluctuations in recent years and the free movement of capital across borders.