Murdoch is establishment ‘old’ media and they’re using ther economic clout to stifle and control the growth of the ‘new’. Controlling the flow of information is essential to the political ties held by the ‘old’ media establishment so its not surprising they’re finally pushing their weight about.

Empowered individuals through their own connections is productive for firms in terms of creativity but it also creates instability.

Why?

This new web savvy generation is decidedly more critical of globalized corporate structure due to the disparity it causes as a result. With ethics becoming more and more important to consumers business’ will be forced to comply, but this will cost them money.

Corporations sole aim is to maximize profit and they have no/few obligations to act morally and ethically.

I think it is more about controlling of ideas. Its a hard one to try to explain. Sorry if i’m not making any sense.

Random Vandal

Mike, you should have been at Simon and Tony’s Mashup on last Monday!

Mind you, I’m not a member of LinkedIn so I’m making total guesses as to the psychology of its users. For all I know it consists entirely of twenty-two-year-old graduate analysts trying to impress each other by pretending to be directors.