New digital lives, same economic principles?

Robert Young, guest blogging for Om Malik, who is one of my favorite telecommunications and information technology business writers, has posted an article on the value of the URL (web addresses) as shared property and its still-developing potential for "people powered" distribution. It's a follow up to an earlier Young piece on the value of community.

Are new economic principles emerging? Some, like Nicholas Carr and Boris Anthony, don't buy it.