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September 14, 2004
Jim Pinkerton

Posted by Bill

Gets it right:

But if the bloggers have power, it's because they form a robust intellectual marketplace, in which assertions must prove themselves before a jury of cyber-peers. In the words of James T. Smith, of critical-thinker.blogspot.com, "The blogosphere is the people." To be sure, the marketplace can make mistakes, but on the whole, like democracy itself, the more folks participating, the better the functioning.

Posted by Bill at September 14, 2004 11:52 PM | TrackBack (0)

Comments

The strength of the marketplace over central planning is that a mistake in the marketplace is limited in scale. When a central authority makes a mistake they've imposed it upon everybody.

CBS has become accustomed to being that central authority when it comes to current events. It's a sure sign of an organization's failing faculties when they cannot endure honest inquiry as to how they reached their assertions.

Posted by: Eric Pobirs at September 15, 2004 12:11 AM

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