Industrial capitalism brought representative democracy, but with a weak public mandate and inert citizenry. The digital age offers a new democracy based on public deliberation and active citizenship.

Democracy functions best when we have an active citizenry.

We are at a punctuation point in human history where the Industrial Age and institutions have finally come to their logical conclusion. They have essentially run out of gas.

Leadership is happening, but it's not coming from the leaders of the old institutions. Everywhere you look, you see these extraordinary, sparkling new initiatives that are under way.

There's a whole generation of young people who are faced with the so-called 'jobless recovery.' Necessity is the mother of invention. They are out there, all around the world, creating new companies.

The university is in danger of losing its monopoly, and for good reason. The most visible threat are the new online courses, many of them free, with some of the best professors in their respective fields.