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.
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,” “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.” – Peter Thiel
I gotta say if I had money like this guy I would already have my own personal island built but I’m curious to see what these cities will be like. Will they be grand Utopia’s filled with a bustling commerce or more like an Omega a place where international criminals, shady businessmen, pretty much anyone who doesen’t want to be found flock to. Either way I just don’t see how these islands are going to be able to keep their sovereignty. However military contractors might look at this and see the same opportunity I do. Imagine an island under the protection of a mercenary force with no rules of engagement. The laws and liberties you think of that regulate most police forces wouldn’t apply. Should be interesting. The future is now people and Kyota will be there.
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.