Joi Ito has turned me on to an entirely new topic, a worldwide discussion I'd previously missed.
Some of it is tricky to navigate (it hasn't been prettied up yet) but I think it's worth a bit of your time.
LiquidDemocracy is a cool idea. What if we could restart the whole idea of voting--this time with the Internet as the enabling technology. Not what some are trying to do: forcing the voting machine online. Instead, it's about proxies, real time voting, speed, flexibility and more.
Will we elect a president this way any time soon? I doubt it. But I do believe that smaller organizations will start using ideas like this for decision making quite soon, and it will grow from there.