Tapas Ray [Gmail] on Mon, 18 Jul 2011 23:09:05 +0200 (CEST)

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<nettime> Fwd: Worst Is Yet to Come for News Corp.

I think it may not be time yet to celebrate. The emperor has been seen
naked for a long time and nothing has come of that. The system has
resilience. Accidents are integral, so the emperor's social technology
will deal with this one the way it has been dealing with others -
clean up the mess, learn from the whole f-up to perfect itself a
little more and move on. Remember the "worst crisis since the Great
Depression" a couple of years ago? Some people thought things were
unravelling. Did they unravel?

> A 'seismic event' it is indeed, but I think, as a good 'Virilian' ;-)
> that it goes far further than the demise of the Murdoch Empire : it is
> part of the "integral accident" unfolding under our very eyes.


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