posted on Aug, 16 2011 @ 12:30 PM
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 lat-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.”
Will this go anywhere, who knows. It could be one of the many interesting ideas that wither away for lack of interest and money but I would like to
see it tried for no other reason than to have a real world example of the most extreme libertarian principles. Not that I consider myself a
“libertarian” in the strictest sense of the word, but considering the number of large-scale failed experiments on the other end of the economic
spectrum, it would be interesting to see how it works, or doesn’t for that matter.
And the nicest part about this is no one would be forced into it. Completely voluntary.
[url=http://news.yahoo.com/blogs/lookout/silicon-valley-billionaire-funding-creation-artificial-libertarian-islands-140840896.html]news.yahoo.com[/url
]
(visit the link for the full news article)