Best Web-Themed Passage I Read Today
9 December 2007 at 5:43 pm Peter G. Klein Leave a comment
| Peter Klein |
A succinct summary of government’s attitude toward the web, courtesy of today’s NY Times:
[M]any in the business world . . . understood years ago that the Web represented not simply another mass medium to be gamed but also a fundamental shift in the once static relationship between producer and consumer. It is by nature a participatory medium, in which customers demand a more personal stake in the products they consume. . . . Companies have realized that since they can no longer expect to unilaterally define the market the way they once did, they might as well let the market have some control over designing and branding the product.
Perhaps only in Washington, where so few people have dominated so much for so long, is this trend viewed as inherently negative.
From a short piece on the spontaneous, decentralized, web-fueled Ron Paul campaign (via Lew Rockwell). See more here and here.
Entry filed under: - Klein -, Classical Liberalism, Institutions.
Organizations and Markets 
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