"Engagement that begins with the intention of affecting others but not being affected by them, such as beginning with “I know” is ultimately merely an attempt to introduce or perpetuate a hierarchical power structure. By contrast, engagement that begins with the willingness to be affected by others is in accord with the horizontal and ethical environment of mutual respect that is characteristic of p2p culture."

"Where we are now, and we already know that we are there, is in a much more permeable and fluid society and a much more permeable cultural environment where the difference between producers and consumers is much more blurred. Where this category of users has become absolutely central to everything we do. So when we talk about newspapers, we have to think about the users who communicate with a commercial organization like TPM, the users who basically get together and make their own new party presses, like DailyKos or Townhall, like the users who make up YouTube, like the users who make up Wikipedia. Suddenly you have radically decentralized practical capacity to act. And what do people do? They act."

"I'd love for somebody explain why it is apparently unthinkable for America’s taxpayers and borrowers to declare their independence from the current crop of moronic incompetents now masquerading as financiers. Remember, this is the same group of guys who misallocated credit (their supposedly core competency) on a scale unknown in human history.

How exactly did these bozos get to be so indispensable? Isn't this indispensability entirely in the minds of Bernanke and Paulson? And doesn't that make them, in the most polite terms imaginable, captured regulators?"

"I'll talk about how many people contribute to Wikipedia and how Facebook was a great idea so that people could talk to each other without talking and how Google just collects all those great ideas and makes them available for free."