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To: E. Charters who wrote (80569)	1/8/2002 3:04:12 PM
From: long-gone	Respond to of 116759

A Must read for all: NY Times Magazine July 15, 2001 Faking It: The Internet Revolution Has Nothing to Do With the Nasdaq By MICHAEL LEWIS When Internet stocks began their free fall in March 2000, the Internet was finally put in its proper place. It was nothing more than a fast delivery service for information -- that was what serious people who had either lost a lot of money in the late stages of the Internet boom or, more likely, failed to make money began to say now. The profit-making potential of the Internet had been overrated, and so the social effects of the Internet were presumed to be overrated. But they weren't. Speeding up information was not the only thing the Internet had done. The Internet had made it possible for people to thwart all sorts of rules and conventions. It wasn't just the commercial order that was in flux. Many forms of authority were secured by locks waiting to be picked. The technology and money-making potential of the Internet were far less interesting than the effects people were allowing it to have on their lives and what these, in turn, said about those lives. What was happening on the Internet buttressed a school of thought in sociology known as role theory. The role theorists argue that we have no "self" as such. Our selves are merely the masks we wear in response to the social situations(cont) nytimes.com