The Null Device
John Perry Barlow, co-founder of the Electronic Frontier Foundation, claims that the internet has broken the US political system, with the deluge of information rendering the country "ungovernably information-rich":
Barlow also said that President Barack Obama's election, driven largely by small donations, has fundamentally changed American politics. He said a similar bottom-up structure is needed for governing as well. "It's not the second coming, everything won't get better overnight, but that made it possible to see a future where it wasn’t simply a matter of money to define who won these things," Barlow said. "The government could finally start belonging to people eventually."That's one perspective; another one is that the true stakeholders are not the plebeians who vote but the corporations who buy government bonds, and that, to keep an economy stable, the levers of power have to be moved well out of reach of the ignorant rabble and those who would pander to them; i.e., that governments' hands have to be tied by international treaties on anything that might affect the bottom line, reserving democracy for largely symbolic issues. Of course, with the people empowered from the edges by new tools, and the stakeholders pushing to seize more power, things could end up getting ugly.