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This is what Yochai says and if you think blogs or Flickr or del.icio.us or YouTube or Wikis and especially Wikipedia, you begin to get a sense of what he means by ordinary connected folk having the “physical capital necessary.” This physical capital is simply a modem and a computer. Have that and you can participate. Now contrast that very low barrier to entry with what is needed to start a television or radio station, or to publish a magazine or newspaper.