Social in the Glue of the Network: Report on social networking

Today the Economist posted a very interesting report on the state of social networking online. Global swap shops -Why Social Networking has grown so Fast does not deal with religion online, it does provide an interesting review of the current trends in social networking and the emerging "network effect" of how media audience respond to new technologies. It also makes some interesting observations about facebook being in the business of memory production and documentation. It is worth a read.