—
The long dash that opens dialogue and cuts the sentence — the hyphen never could.
The em dash is the dash of prose: it opens dialogue, sets off the aside, marks the interruption. It is as wide as an M — hence the name — and it is the largest gem in the drawer.
The common mistake is the doubled hyphen --, a typewriter inheritance that word processors fix in silence. On the web nobody fixes it for you: it's — or the character itself.
Wrong: The web - said the manifesto - would belong to everyone.
Right: The web — said the manifesto — would belong to everyone.