Tabatha Southey has this fantastic column in todayâ€™s Globe & Mail on a new libertarian society 320 kilometres out in the ocean.
Peter Thiel, the billionaire founder of PayPal and Facebook financier, has also embarked on a plan for a new society, for which the location has already been decided and money may not be an issue. The project is described in a profile of Mr. Thiel in September’s Details magazine. The new community is to be built about 320 kilometres off the coast of San Francisco, in international waters, free from U.S. regulations. Mr. Thiel is one of the project’s main benefactors, to the tune of $1.25-million. The idea is to create what the founders hope will be the first of many sovereign nations all built on top of enormous oil-rig-like structures.
These countries are to be governed on libertarian principles. The ultimate goal, Patri Friedman, grandson of Nobel Prize-winning economist Milton Friedman, a former Google engineer and the man behind a concept he calls â€œseasteading,â€ is to â€œopen a frontier for experimenting with new ideas for government,â€ to build a country where there is no welfare, little gun control, no minimum wage and looser building codes. Because the first place most of us want to experiment with looser building codes is 320 kilometres out to sea.
The entire column is worth reading. A fantastic weekend read.