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Silicon Valley billionaire funding creation of artificial libertarian islands
The Lookout ^ | Aug, 16 2011 | Liz Goodwin

Posted on 08/16/2011 11:28:05 AM PDT by Freeport

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.

(Excerpt) Read more at news.yahoo.com ...


TOPICS: Business/Economy; Culture/Society
KEYWORDS: facebook; getlost; island; libertarian; peterthiel; seasteading; seasteadinginstitute; thiel
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Interesting...
1 posted on 08/16/2011 11:28:08 AM PDT by Freeport
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To: Freeport

I don’t think $1.25 million is going to get you much of a “floating island”. Maybe just enough for a big boat.


2 posted on 08/16/2011 11:30:01 AM PDT by the_devils_advocate_666
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To: Freeport

Will it be called Utopia? Truly, history repeats itself. The 19th century commune is reborn.


3 posted on 08/16/2011 11:31:01 AM PDT by americanophile ("this absurd theology of an immoral Bedouin, is a rotting corpse which poisons our lives" - Ataturk)
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To: Freeport

It’s possible, but even the Costa Rican navy would be sufficient to seize such a structure...what makes this investor think the rapacious IRS backed by the USMC would ever allow such havens to exist?


4 posted on 08/16/2011 11:31:53 AM PDT by Mr. Jeeves ( "The right to offend is far more important than any right not to be offended." - Rowan Atkinson)
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To: Freeport

If you think your homeowners association is run by nazis. . .


5 posted on 08/16/2011 11:32:22 AM PDT by Jacquerie
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To: Freeport

The difference between men and boys......the price of their toys.


6 posted on 08/16/2011 11:32:31 AM PDT by Churchillspirit (9/11/01...NEVER FORGET.)
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To: Freeport

Those Disaster movies come to mind


7 posted on 08/16/2011 11:32:31 AM PDT by molson209
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To: Freeport

Hopefully those Somali pirates won’t stop by for a visit.


8 posted on 08/16/2011 11:33:06 AM PDT by bobwoodard
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To: molson209

Waterworld was a disastrous movie. Lost million$...


9 posted on 08/16/2011 11:34:54 AM PDT by RitchieAprile (How about a nice tofu baguette?)
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To: Freeport

He forgot one of the Liberaltarians primary goals.


10 posted on 08/16/2011 11:35:18 AM PDT by ASA Vet (Natural-born citizens, are those born in the country, of parents who are citizens. De Vattel)
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To: the_devils_advocate_666

Enough for a garbage barge maybe.

“Free from moral codes” is a moral code itself.


11 posted on 08/16/2011 11:35:57 AM PDT by madameguinot (Our Father's God to Thee, Author of Liberty)
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To: Freeport
heh. Joining the forgotten Sealand and others like it.


12 posted on 08/16/2011 11:36:41 AM PDT by Palter (Celebrate diversity .22, .223, .25, 9mm, .32 .357, 10mm, .44, .45, .500)
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To: Freeport

Named: Amoral Islands


13 posted on 08/16/2011 11:37:46 AM PDT by donna (This is what happens when America is no longer a Christian nation.)
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47 Days And FR Is Still Short Of Its Goal

Name Another Site Where You Can Get As Much Information

Can't Think Of One?

Then Why Don't You Donate

14 posted on 08/16/2011 11:38:11 AM PDT by DJ MacWoW (America! The wolves are here! What will you do?)
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To: bobwoodard
Somali Pirates over there, Doper Libertarians there, me in the middle?

Crazy bell-ringer was right. There's money to be made in these parts.

15 posted on 08/16/2011 11:40:01 AM PDT by ArrogantBustard (Western Civilization is Aborting, Buggering, and Contracepting itself out of existence.)
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To: bobwoodard

Reminds me of “The Man Without a Country.” Sad, in its own way.


16 posted on 08/16/2011 11:40:28 AM PDT by Pecos (Constitutionalist. Liberty and Honor will not die on my watch.)
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To: Freeport
Been following this for a while.

Patri Friedman is Milton Friedman's grandson.
17 posted on 08/16/2011 11:42:21 AM PDT by Minus_The_Bear
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To: Freeport

I kind of like the idea of just being left alone. The constant harrassment of government is a bit wearing to say the least. Imagine no gov’t—not a bad idea. The only down side is no moral code—this leads to many problems that will ultimately infringe on the rest of the colony. There must be some kind of enforcement group to prevent others from infringing on individuals. The other big concern is public health—the activities of a few people can affect the health of the entire colony—homos and iv druggies come to mind when spreading infectious diseases become issues for all others.


18 posted on 08/16/2011 11:42:39 AM PDT by Neoliberalnot ((Read "The Grey Book" for an alternative to corruption in DC))
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To: Freeport

I’m holding out for Galt’s Gulch.


19 posted on 08/16/2011 11:48:43 AM PDT by Night Hides Not (My dream ticket for 2012 is John Galt & Dagny Taggart!)
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To: americanophile

And how big of an army are they going to have to defend the island? Sitting ducks more like it.


20 posted on 08/16/2011 11:49:18 AM PDT by Bitsy (!)
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