Read it yourself. This is the a quote from the piece on their website and the link. This is Bank Of America's version of a free net. This is how it begins.
It is called the Future Banking Blog powered by Bank of America
Here is the link. Digital Firms for the Net
The Author is named John Clippinger. His new book A Crowd of One: The Future of Individual Identity should give you an idea where this is going. Sometimes you can judge a book by the cover.
Understand this for the propaganda that it is. In the name of trade we are giving a right away. It begins here, subtly. In Mr. Clippingers first two paragraphs we can see what his true intent is.
02.13.2009, 1:20 pm
Author: John Clippinger | CFB Guest Blogger, Berkman Center for Internet and Society, Harvard University
Digital Firms for the Net
A prediction for the near future: One of the great disruptions of Web 3.0 technologies will be to unleash unprecedented powers of collective action. Information asymmetries between enterprises and their customers, between governments and their citizens, and between the credentialed and the uncredentialed will be dramatically realigned. Not just asymmetries in access to information, but asymmetries in coordinative capacities, and the ability to capture and direct personal and group agency. We first got a sense of this with the onset of "smart mobs," "swarms," "asymmetric warfare," the "wisdom of the crowds," the miracle of wikipedia, and the promise of peer production. It is simply amazing what supposedly dumb "mobs" and "non experts" can achieve given the ability to self-organize. My bet is it will not be long before "they" will want some form of legal organization to express themselves, and direct their collective agency to reap the rewards of their newfound powers.
The legal organizational form they will want will be very different from the ones available to them today. Smart mobs - wise crowds - are empowered because they are digital. They could not succeed otherwise. Hence, the organizational and legal forms that they require will inherently be digital. The old roles of enterprises - board members, officers, treasurers, managers and their attendant authority and reward structures - are based upon a world in which the transfer of information and the exercise of authority was inherently physical, making it slow, costly, opaque and error prone-not to mention subject to physical intimidation and obfuscation. Hence, we have the principle-agent problem of having privileged and fixed roles: "stockholders" vs. "officers," "management" vs. "workers," and "order givers" vs. "order takers". In short, asymmetries exist in the access to and use of information. In the physical world, the time and costs of making decisions, marshaling resources, allocating rewards and dispersing proceeds were sufficiently high to warrant such structured roles. Not anymore.
The remainder of the narrative went on to explain how Second life has digital business aspect that are legal now in Vermont, which means that regulations and taxes will follow. Nevermind the need for regulations or business taxes in reality, on-line is where it will start.
That alone is just the premise. You don't think BoA wants to help out dumb mobs and non experts out of the kindness of their hearts. Read the passage again and read between the lines. I encourage you to make your own conclusions, but, considering where BoA and other large finance firms have stood on issues such as unionization or consumer advocacy, I think you can imagine what they mean to say by this.
The gauntlet has been thrown. We see it in the NY Post, on CNBC, and subtly everywhere else. The veil is lifted for some, others still need to wake up.
Read it how you like, but I see BoA drawing lines like
"management" vs. "workers," and "order givers" vs. "order takers".
and I have had enough!
In their world we are the mob. The firehoses will be along anytime now soon, I'm sure.
And I say it is time we FIGHT BACK! Before it is too late. In honor of Dr. Martin Luther King Jr, and the others who fought before him. Peaceful protest, community organization and action, before that is gone too.
We first got a sense of this with the onset of "smart mobs," "swarms," "asymmetric warfare," the "wisdom of the crowds," the miracle of wikipedia, and the promise of peer production. It is simply amazing what supposedly dumb "mobs" and "non experts" can achieve given the ability to self-organize. My bet is it will not be long before "they" will want some form of legal organization to express themselves, and direct their collective agency to reap the rewards of their newfound powers.
You betcha Johnny, we do. It is called our rights. We want them back!
There is a national march on Wall St this Apr 3rd and 4th.
Bail Out The People!
If you cannot attend, but would like to become a community organizer in your area, beyond just this event, link below
Be a Community Organizer
We gave BoA bailouts and they fight to take our free speech rights. Time to FIGHT BACK!