BuzzMachine‘s Jeff Jarvis responds to criticism from Ron Rosenbaum that he is not teary-eyed enough about all the journalists losing jobs at newspapers. Read it all, it’s interesting. But this is what caught my eye (emphasis added):

He complains about my trust in the market — “the same market that created this debacle and came close to destroying the economy.” I say at some level, if you don’t trust the market – the people, us – then you don’t value democracy, capitalism, education, art … or journalism (for why trust, empower, enable, ennoble, and inform the people if we all a bunch of idiots?). “He’s the Sarah Palin of gurus,” Rosenbaum says. “The crowd is always right.” Don’tcha know, it’s often more right than we give it credit for.