I've been reading a long paper about Kritarchy - governance by justice, and have realised that it describes weblogs rather well. A quote:
it is no more than a historical accident that the word �law� came to be used as the translation of �lex�. It was also and more properly used to translate the Latin �ius�, which has nothing to do with the exercise of political authority. �Ius� denotes a bond or obligation arising out of a personal commitment made in solemn speech (�iurare�, to swear) and in a more general sense the order of human affairs that arises out of such mutual commitments. In other words, �ius� presupposes a condition in which people meet as free and equal persons and arrange their affairs by mutual agreements, contracts or covenants. This is in clear contrast to �lex�, which presupposes that one man can unilaterally oblige another.
The notion is of people interacting through mutual consent, conforming to natural law - justice is determined from the Golden rule and its philosophical ramifications.
In the physical world, contention over scarce resources undermines this; in the virtual world we can all be judges of each other's thoughts and writings, as there is no coercion for others to read them.