To draw a historical parallel: the development of better ships did not lead to parcelling up the world's oceans but to something called free trade.
In these, instead of parcelling out the underwriting risk among a syndicate of investment banks, one bank underwrites the lot.At the same time, banks are betting more of their own money in the markets.
Peasants in one commune there secretly started parcelling out land, expecting death for it, but soon gained backing from a provincial leader and Deng ally, Wan Li.
Parcelling jobs out to where they are done best is, after all, the essence of offshoring.
The exiles wring their hands at the thought of American generals parcelling out power to reactionary religious and tribal leaders, completing the eradication of Iraq's civil society that the Baath began 30 years ago.Amman holds little lure for them.
And the housing ministry has been parcelling out the Jewish settlements Israel abandoned in Gaza in 2005 to housing associations for new homes at cheap rents.
In the Gulf, ruling families followed the lead of Saudi Arabia, keeping all the important reins in their own hands while parcelling out patronage to friends and loyalists.These days, smaller and more remote Arab countries are in the political vanguard.
Gobbetising jobs with the aim of parcelling them out to people who don't see or need to see the big picture is not that different from gobbetising them in a way that allows automation.
WHEN God was parcelling out land to the peoples of the earth, the Georgians arrived late.
The French, Belgian and Luxembourgeois authorities stumped up €6.4 billion ($9.3 billion) to bolster the capital base of Dexia, a public-sector lender that dabbled fatally in bond insurance.Another approach has been to borrow from the American model, parcelling out the good bits of failing banks to solvent rivals and keeping the rest.
It does this by parcelling out the tasks to numerous computers at once.
