Idealogues Tend to Agree on the impact of The Army of Davids – Part 1

The panel was first introduced by Nick Schulz, the Editor-in-Chief of TCS Daily (which co-sponsored the event with Reason Magazine). I had the pleasure of talking at length with Nick post event about various Internet issues as they relate to society. I gave him my card and hope to stay in touch with him going forward.

The debate between Glenn Reynolds, Joe Trippi, and Barry C. Lynn was moderated by Nick Gillespie, the Editor-in-Chief of a Reason Magazine. Snarky (in a good way) and quick on his feet, for the most part Nick allowed the panelists to roam freely, while definitely playing the devil’s advocate from time to time.

One might have thought that the debate was pitted between Reynolds and Trippi – two men who embrace very different ideologies – but it was actually those two who agreed about the premise behind The Army of Davids (namely, the idea that technology is enabling groups of ordinary folks to defeat big established players in media, government, etc.). Joe Trippi liked The Army of Davids analogy so much, that during his initial thoughts, he expressed a playful jealousy towards Glenn.

So, Barry C. Lynn was left out on his own, defending the idea that today, there is an incredible consolidation of power, unlike in times past. Lynn was extremely well read and had a much more intellectual approach to his talk. He used WalMart as a primary example of a powerful monopsony – a market with one buyer. Amongst other things, he spoke about how WalMart can actually dictate prices to the likes of mega-giant companies like Proctor and Gamble. According to Lynn, enabling this consolidation of power in the business place is the lack of antitrust.