Machine Politics in the Blog Age?
2003-12-16T19:36:02Z
Back in 1937, an economist named Ronald Coase realized something that helped explain the rise of modern corporations [...] Coase's insight was this: The cost of gathering information determines the size of organizations.
Size is now less of an advantage in organizations, and that means more competition in the global marketplace. For companies, it's either reorganize or die.
Being a Democrat or a Republican isn't enough of an advantage anymore -- there are simply too many other places where people can get political information and find political bedfellows in an age of low information costs.
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