Big P
Well-Known Member
Silicon Valley billionaire funding creation of artificial libertarian islands
By Liz Goodwinational Affair
By Liz Goodwin |
Seasteading Institute city design (Anthony Ling)
Pay Pal founder and early Facebook investor Peter Thiel has given $1.25 million to an initiative to create floating libertarian countries in international waters, according to a profile of the billionaire in Details magazine.
Thiel has been a big backer of the Seasteading Institute, which seeks to build sovereign nations on oil rig-like platforms to occupy waters beyond the reach of law-of-the-sea treaties. The idea is for these countries to start from scratch--free from the laws, regulations, and moral codes of any existing place. Details says the experiment would be "a kind of floating petri dish for implementing policies that libertarians, stymied by indifference at the voting booths, have been unable to advance: no welfare, looser building codes, no minimum wage, and few restrictions on weapons."
"There are quite a lot of people who think it's not possible," Thiel said at a
Seasteading Institute Conference in 2009, according to Details. (His first donation was in 2008, for $500,000.) "That's a good thing. We don't need to really worry about those people very much, because since they don't think it's possible they won't take us very seriously. And they will not actually try to stop us until it's too late."
The Seasteading Institute's Patri Friedman says the group plans to launch an office park off the San Francisco coast next year, with the first full-time settlements following seven years later.
Thiel made news earlier this year for putting a portion of his $1.5 billion fortune into an initiative to encourage entrepreneurs to skip college.
Another Silicon Valley titan, Amazon founder Jeff Bezos, announced in June that he would be funding the "Clock of the Long Now." The clock is designed to keep ticking for 10,000 years, and will be built in a mountain in west Texas.
By Liz Goodwin |
Pay Pal founder and early Facebook investor Peter Thiel has given $1.25 million to an initiative to create floating libertarian countries in international waters, according to a profile of the billionaire in Details magazine.
Thiel has been a big backer of the Seasteading Institute, which seeks to build sovereign nations on oil rig-like platforms to occupy waters beyond the reach of law-of-the-sea treaties. The idea is for these countries to start from scratch--free from the laws, regulations, and moral codes of any existing place. Details says the experiment would be "a kind of floating petri dish for implementing policies that libertarians, stymied by indifference at the voting booths, have been unable to advance: no welfare, looser building codes, no minimum wage, and few restrictions on weapons."
"There are quite a lot of people who think it's not possible," Thiel said at a
Seasteading Institute Conference in 2009, according to Details. (His first donation was in 2008, for $500,000.) "That's a good thing. We don't need to really worry about those people very much, because since they don't think it's possible they won't take us very seriously. And they will not actually try to stop us until it's too late."
The Seasteading Institute's Patri Friedman says the group plans to launch an office park off the San Francisco coast next year, with the first full-time settlements following seven years later.
Thiel made news earlier this year for putting a portion of his $1.5 billion fortune into an initiative to encourage entrepreneurs to skip college.
Another Silicon Valley titan, Amazon founder Jeff Bezos, announced in June that he would be funding the "Clock of the Long Now." The clock is designed to keep ticking for 10,000 years, and will be built in a mountain in west Texas.
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Brandon D10 hours ago
Bioshock anyone?45 Replies
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sigs109 hours ago
Great! A do it yourself 'Lord of the Flies' kit.18 Replies
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Just Say Now10 hours ago
Look for artificial tax havens soon.7 Replies
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Lori6 hours ago
sitting duck for pirates !11 Replies
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Greg9 hours ago
Why not just use Washington, DC? They aready are "free from the laws, regulations, and moral codes of any existing place".16 Replies
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Cindy9 hours ago
You would think you would want stricter building codes on a floating island...11 Replies
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Tell it like it is.10 hours ago
My online poker gambling site will be based out of this location3 Replies
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John O.9 hours ago
49 Replies
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RicardoC9 hours ago
What would happen if one of "these" countries bumps into mine?5 Replies
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Alexei9 hours ago
Atlas Shrugged anyone?11 Replies
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Otto Pilot13 hours ago
I can just see it now -- 9,999 years from now, the world will be in a panic, theorizing what happens when the Clock of the Long Now stops ticking, just as we've done with the silly Mayan calendar.15 Replies
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John13 hours ago
I think they made a game like this called Bioshock. Everyone dies...32 Replies
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steven7 hours ago
great theory,but will it really work the way planners hope?..what about drug laws?4 Replies
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charlesjabout an hour ago
how do you find your old comment4 Replies
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TR612 hours ago
I think this is a great idea! And when the first tropical storm wipes out your "looser building codes" don't cry to the U.S. for aid.33 Replies
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Arfy The Dog9 hours ago
and in a related note - i'm organizing a band of marauders to raid the place.29 Replies
you in ?
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stargirl4 hours ago
$1.25 million wont go very far for such an ambitious venture.3 Replies
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Derek Smith13 hours ago
Communism started with good intentions, but human greed always prevents utopia from coming true.52 Replies
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G Jr13 hours ago
Waterworld?9 Replies
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Photon Wrangler13 hours ago
"...no welfare, looser building codes, no minimum wage, and few restrictions on weapons."13 Replies
So, they're gonna move to Somalia?