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Head Scratchers

Peter Thiel Bankrolling Libertarian Sea Colony — Because He Was Inspired By Atlas Shrugged


Peter Thiel, the guy who will pay you $100,000 not go to college, has another wacky idea up his sleeve: he wants you to live on a floating colony. Thiel, who also founded PayPal and bankrolled Facebook in its early days, was inspired by…get this…Ayn Rand’s Atlas Shrugged. Cliché, much?

Thiel dumped $1.25 million into the Seasteading Institute, the goal of which is to establish floating colonies in international waters, according to The Daily Mail. Libertarian ideals and essentially lawless free-market capitalism would be the method of governance…or non-governance, rather.

The Institute was founded by Patri Friedman, a former Google employee who apparently said they’ll launch floating offices near the coast of San Francisco within the next year. We checked in with the San Francisco Mayor’s office to see if they knew anything about this bonkers concept, but they haven’t gotten back to us yet. Given the principles of the project though, we’re guessing the Seasteaders are leaving the government guys out.

What’s the deal here? Is it just like, if you’re a billionaire Internet mogul, you just get to fund outrageous, world-altering projects? First, Jeff Bezos is funding some undying 10,000 year clock, and now this? Give me a break.

For the unfamiliar, Atlas Shrugged is a 1957 novel in which an over-regulating government essentially destroys a society, which in turn inspired multiple generations of would-be moguls to become reformed libertarians. Ask any over-educated young Wall Street analyst what their favorite book is – we’d guess at least half say Atlas Shrugged. So by saying he was “inspired” by the book, he’s not exactly original.

So, will Thiel be moving to this floating isle? Maybe — but we’re sure he’d still make trips back to his swanky NYC pad.

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  • http://www.facebook.com/drehert Tony Dreher

    This idea sounds pretty great.  

    It would be kind of like if everyone lived in RVs and could drive to a different state/country as soon as their home government started misbehaving.  Because it would be so much easier for everyone to leave, politicians would actually have to listen to their constituents or face a rapidly diminishing tax base.

    Even if you aren’t a fan of Thiel’s ideology, there’s still a lot of value(new technologies and such) in figuring out how to colonize the ocean.  

  • http://dandascalescu.com dandv

    The idea actually is very well thought-out, and there’s been lots of work done on it by The Seasteading Institute. For those who say it’s unrealistic, a commercial spinoff of The Institute, called Blueseed, is working on createing a high-tech visa-free entrepreneurship center based on an ocean vessel 24 miles off Silicon Valley. This would allow professionals without a valid work visa (such as non-US-based startups) to legally work in close proximity to Silicon Valley, with all the advantages that entails.

  • http://twitter.com/LIBIntOrg Libertarian

    Thanks for the article. The idea that Libertarianism is lawless when it is a consistent restatement of Natural Law is incorrect.

    For information on other “lawless” Libertarian and Liberal projects worldwide please see http://www.Libertarian-International.org the Libertarian International Organization.

  • Anonymous

    Nice, but will it scale up?

  • Dicarlorobert

    sign me up   Retiered Submarine Veteran.

  • Elite

    y not. whats wrong with that. He has the ability to do it, and the fact that its not his own floating fortress, but for all to take part in is even more reason for this project and things like it to be encouraged, instead negative remarks or sarcasm.
    The person who wrote the article seemed like a hater! keep that person off the ISLAND! LOL

  • Anonymous

    sign me up,  im one of the few great thinkers left in this backwards society.

  • Von

    PayPal a good idea; this…not so much.

  • Leelankford

    Sign me up aswell ….  last of a dying breed of inventors that got ripped off ..Now im broke..

  • Just some Blow Hard…

    Apparently this man never played Bioshock, or seen Logan’s Run, or read 1984, or read Animal Farm (granted that was communism, but it was more about how revolutions usually turn out), or seen Citizen Kane… You get my point.

    I remember 30 some odd years ago, a guy from my hometown decided he would do this with his church. I wonder how that turned out?

  • eesquilax

    I agree with Rand, but I don’t think he’s thought this through.  It will need the right culture and occupants who won’t destroy it, as well as rule of law and an army.  Anyway, the article lacks a lot of the finer details on how he plans to go about it.  Probably a pipe-dream on his part.

  • http://pulse.yahoo.com/_EYVOS3FETQE42K4DMZXUHZJU2U maine man

    I guess we won’t have to send out the Coast Guard after the second or third storm.No sense in providing them with services they say they don’t need. Sounds like they just might need that submariner who wanted to sign up. The ocean is a great place for the 1%. In it, not on it.

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