http://en.wikipedia.org/wiki/BoycottThe boycott has been long used to exert economic or social pressure on businesses and institutions. However, its effectiveness is limited unless the advocates of a boycott can both reach a large number of willing participants and can gain their agreement that a boycott is justified and likely effective.
In the past, the control exerted by the mainstream media made it difficult to reach the large number of willing participants. The one-way broadcast nature of mainstream media also made it difficult to either gain agreement from potential participants or to coordinate their participation in the boycott.
However, internet social media would appear to remove both these impediments to effective boycotts.
The various urgings to move accounts from Bank of America during the past days has been interesting, although it is not clear how many account have actually been moved. But is this a first movement toward using the boycott as an effective organizing and pressure tool on businesses?
Would a boycott of Chinese toys this Christmas, for example, be an effective tool for pressuring importers? Would it succeed across the board, or could it be done on the largest importers, such as Mattel and Hasbro, for a more targeted effect?