Yaicha

Ted’s take on the world, one topic at a time.

Social Networking Has Gotten Political — In a Good Way

Posted by Ted Hopton on May 26, 2008

Roger Cohen’s NYT column, “The Obama Connection,” starts off with a play on Bill Clinton’s famous line from his first presidential campaign (“It’s the economy, stupid”): “It’s the networks, stupid.” Ironically, it’s Bill’s wife and heir-apparent, Hillary, who is implicitly the “stupid” one this time.

More than any other factor, it has been Barack Obama’s grasp of the central place of Internet-driven social networking that has propelled his campaign for the Democratic nomination into a seemingly unassailable lead over Hillary Clinton. Her campaign has been so 20th-century. His has been of the century we’re in.

I’d already been following Obama’s use of the Internet for fund-raising and organizing and energizing volunteers (see, Adios, Sound Bites & Fat Cats – Obama is Changing Politics and Barack Obama Is Rocking the Youth Vote and Obama Supporters Are Hip and Artistic and Home Agents Calling for Barack Obama). Cohen’s column nicely connects the dots and lets the picture emerge more clearly.

As Joshua Green chronicles in an important piece in The Atlantic, Obama has used social networking and his user-friendly Web site to develop the money machine, and the youthful engagement, that has swept him forward.

So, I found Green’s article, “The Amazing Money Machine,” and read that, too. It’s longer and more in-depth, so if you just want the highlights, Cohen’s column will do the trick, but if you want the full, fascinating story behind Obama’s fund-raising success, don’t miss Green’s account:

Obama is a gifted politician by anyone’s measure, but what distinguishes him from earlier insurgents is his ability to fully harness the excitement that his candidacy has created, in votes and in dollars. Three forces had to come together for this to happen: the effect of campaign-finance laws in broadening the number and types of people who fund the political process; the emergence of Northern California as one of the biggest sources of Democratic money; and the recognition by a few Silicon Valley entrepreneurs and venture capitalists that the technology and business practices they had developed in their day jobs could have a transformative effect on national politics.

Obama’s campaign is yet another Silicon Valley start-up. We’ve seen these stories play out before, but never on the political stage.

“They’ve gone from zero to 700 employees in a year and raised $200 million,” Steve Spinner says of the campaign. “That’s a super-high-growth, fast-charging operation.” It’s also one whose growth curve is coming into sharper focus. The Obama campaign has not yet assumed a place in Silicon Valley lore alongside Apple, Google, and Facebook. But a few more months could change that. The hottest start-up in the Valley right now won’t make anybody rich, but it might put the next president in the White House.

If you’re as fascinated by the rapidly changing potential of technology as I am, and as hooked on politics as I admit to being, this is an inspiring story.

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