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Internet Communities Fight Back Against Recession

New site to serve as leadership think-tank

Suppose the internet existed in 1929. How might the Great Depression have been different? The Internet is a tool of global communication. If it had been available in the 1930s, the downturn and subsequent restructuring that became the Great Depression could have occurred faster and more efficiently, yielding less suffering. Eighty years later, we are on the brink of such an economic turning point. How can we utilize the Internet to help prevent the suffering and hardships experienced in the 1930s?

This is the question being asked on communities all over the Internet, and it is the inspiration for a new Web site, EconomicTurningPoint.com. ETP is a nonpartisan global think-tank dedicated to utilizing the resources available to professionals to address the current economic crisis and avoid a decade of poverty. The theory behind the site—inspired by recent research by thinkers like Malcom Gladwell, Clay Shirky, James Surowiecki and Ray Kurzweil—is that a large international community of intellectually curious individuals, utilizing modern communications technology and cooperating as a whole, can achieve great things.

Edward Thompson, one of the site's administrators, emphasizes the pragmatic nature of the Web site: "ETP welcomes people from all political persuasions; nonetheless, we will not tolerate stubborn ideology. All ideas are welcome on our Web site; partisan politicking and finger-pointing are not. We are, first and foremost, solution-oriented."