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Patrick M. Byrne is the CEO of the Internet retailer Overstock.com. Byrne received his B.A. from Dartmouth, studied at Cambridge University as a Marshall Scholar, and earned a PhD in[…]

Government and discourse has been co-opted; media can get it back.

Patrick Byrne: This age? I think it will be a ___________. Well I think that this has persisted and gotten as bad as it is only because of different kinds of capture. And there’s powerful, you know, structures of power and authority as __________ would say; although I think he . . . But I’m a believer that there are classes with . . . and groups who have captured the mechanisms of government; and maybe more importantly, captured the methods of discourse – of popular discourse. What’s great about social media is it bypasses that. It bypasses all these central . . . centralized hierarchical systems of power and authority. If there’s a chance to get to work our way out of it, it’s through social media and the Internet.

Recorded on: 10/29/07

 


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