Establishing a Definition

Yesterday, I wrote a pretty lenthy piece on the silent revolution coming to beuacracies, big corporations and banks. I used the word “middleman” to describe their rise to power and how they’ve maintained their power. However, that doesn’t mean all middlemen are bad or shouldn’t be around in the new economy.

I still think trusted advisors are heavily necessary in the peer-to-peer economy. From real estate agents to recruiters to marketers to handymen, lawyers, mechanics, and financial advisors. They will still have their role.

Their role is far different than the middleman who have typically derived power. Instead of using their knowledge to push regulation or to help themselves, these middlemen use their expertise to help connect peers to other peers. They are a connection within the economy, not a way of building barriers of entry.

I cannot see a world without middlemen but I can see a world where middlemen’s powers are limited to their ability to help others.