If you’ve not read Bruce Schneier’s book ‘Liars and Outliers,’ his essay ‘The battle for power on the Internet' in The Atlantic is well worth a gander.
[…] we need to work to reduce power differences. The key to all of this is access to data. On the Internet, data is power. To the extent the powerless have access to it, they gain in power. To the extent that the already powerful have access to it, they further consolidate their power. As we look to reducing power imbalances, we have to look at data: data privacy for individuals, mandatory disclosure laws for corporations, and open government laws.
Medieval feudalism evolved into a more balanced relationship in which lords had responsibilities as well as rights. Today’s Internet feudalism is both ad-hoc and one-sided. Those in power have a lot of rights, but increasingly few responsibilities or limits. We need to rebalance this relationship. In medieval Europe, the rise of the centralized state and the rule of law provided the stability that feudalism lacked. The Magna Carta first forced responsibilities on governments and put humans on the long road toward government by the people and for the people. In addition to re-reigning in government power, we need similar restrictions on corporate power: a new Magna Carta focused on the institutions that abuse power in the 21st century.