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Not since Marx identified the manufacturing plants of Manchester as the blueprint for the new capitalist society has there been a deeper transformation of the fundamentals of our social life. As political, economic, and social systems transform themselves into distributed networks, a new human dynamic is emerging: peer to peer (P2P). As P2P gives rise to the emergence of a third mode of production, a third mode of governance, and a third mode of property, it is poised to overhaul our political economy in unprecedented ways. This essay aims to develop a conceptual framework ('P2P theory') capable of explaining these new social processes.

One of the abiding debates about the Internet is the extent to which it represents a step change in the way that societies - and economies - will function in the future. What is undeniable is that the Web has sparked a growing number of "free" and "open" movements that challenge current economic models - including the Free and Open Source Software movements, the Open Access Movement, Open Source Journalism, and Creative Commons. Many also believe that the peer-to-peer (P2P) phenomenon has significant implications for the traditional top-down model on which modern societies are based.

This Wiki is an invitation to collaborate on building a learning and research environment based on Yochai Benkler's book, The Wealth of Networks: How Social Production Transforms Markets and Freedom, available under a Creative Commons Attribution Noncommercial Sharealike license.