Hitler was not a product of a universal government. He may have wanted to dominate the world, but he didn't. Had he succeeded, who knows? Let's take example of successful world government into account: The Roman Empire. Granted, they were very war-mongering people and enslaved most of the cultures they assimilated, but look at what they accomplished with their universal government... they established systems of commerce, travel, health, and labor that outshined the subsequent 2 thousand years of history dominated by war and separatist nationalistic idiocy. The Roman Empire was the most advanced, structured society of history relative to its time. I'm not saying that everything about it was good. There's nothing good about slavery or killing. However, a universal monetary system and government are good things. Rome has proven that.
Re: hedge funds, you're still comparing apples with oranges.