For the love of the Goddess I so wish this would really happen:
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.Assume the money is for R & D, since I'm pretty sure $1.25 million wouldn't buy a bathroom in Rush Limbaugh's house, much less build a whole island. But wouldn't it be great to see what grows in that "petri dish?" I've been thinking for years these guys should set up their own country and try to live by their lofty principles.
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."