PayPal-founder Peter Thiel was so inspired by Atlas Shrugged - Ayn Rand's novel about free-market capitalism - that he's trying to make its title a reality. The Silicon Valley billionaire has funnelled $1.25 million to the Seasteading Institute, an organization that aspires to launch a floating colony into international waters, freeing them and like-minded thinkers to live by Libertarian ideals. Mr Thiel recently told Details magazine that: 'The United States Constitution had things you could do at the beginning that you couldn't do later. So the question is, can you go back to the beginning of things? How do you start over?'
The floating sovereign nations that Thiel imagines would be built on oil-rig-like platforms anchored in areas free of regulation, laws, and moral conventions. The Seasteading Institute says it will 'give people the freedom to choose the government they want instead of being stuck with the government they get.' The venture capitalist who famously helped Facebook expand beyond the Harvard campus, Mr Thiel called seasteading an 'open a frontier for experimenting with new ideas for government.'
The world's smartest and most capable producers do the shit jobs in Rand's Galt's Gulch. One of Rand's points in the story was that in a proper functioning economic system, the best people start at the bottom and earn their way to the top. They don't get appointed or elected or inherit it or are give it as an entitlement, the earn it. Bullshit, but then so is a lot of that book.
Post subject: Re: Silicon Valley billionaire plans real lifeBioshock nightmare
Posted: Tue Aug 16, 2011 11:16 pm
Supersonic
Joined: Thu Nov 04, 2004 2:43 am Posts: 10694
You don't need natural resources for a place like this to work. Financial services, outsourced engineering work, software development, and all the associated commerce that goes along with it could exist. Getting it off the ground will be the most difficult part.
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