Faced with the narcissisation of behaviours, the adoption of cooperative protectionism, implemented at a collective supranational level, free from any ethnic or State founding myth, would demonstrate that have moved up to a higher state of human consciousness and of historical development.

Much of what he describes are the juxtaposition of the bright and dark sides of Modernity, what Karl Polanyi described as The Great Transformation.  The market society is the epitome of modernity, at least in ideals:  position determined by ability vs. birth; policy based on reason vs. tradition; universal vs. particular values; etc.  

But market capitalism has become an inhuman monster.  Introducing market capitalism into a traditional society is like dropping an intact tree into a stumper.  Atomization. Does anyone want to live in a society in which the single value of Return on Equity outweighs all other values combined?  How do we humanize this system so that due care is given to the needs of sentient beings?

Todd's observations are hardly new.  Polanyi wrote in the '40s.  He has described a destination but what about a path from here to there?  

As the Dutch said while fighting the Spanish: "It is not necessary to have hope in order to persevere."