The Sovereign Individual: How to Survive and Thrive During the Collapse of the Welfare State

Unless the US changes its tax laws, enterprising individuals will likely renounce their citizenship in the future in pursuit of a better form of governance.

The web allows people to transcend any bad luck of being born in a certain country or state, they’re global citizens now.

Information technology is highly portable, it’s not reliant on one place, so a certain area doesn’t have the same kind of control over it. GM can’t pack up its car plants and fly off to another country over night, but a software company can.

In the hunting gathering days, there was no reason to work more than the 10-15 hours a week you needed to do to secure food. Overkill was punished because the food would rot before it could be eaten, and decrease food available to you in the environment in the future.

In the information age, a job will be a task that you do, not a thing that you have.

Taxation based on income is silly, imagine if the phone company sent you a bill for $50,000 because your phone call to London scored you a $125,000 deal.

The cybereconomy, more than any individual country’s economy, will be the greatest economic phenomenon of the future.

In medieval society, the successful and rich concentrated in certain areas, but cyberspace doesn’t require this. Instead, you can keep pushing out the boundaries and claiming new frontiers, and in doing so, pulling more resources away from governments and the physical world and into cyberspace.

1. Technology plays the biggest and most impactful role in the new megapolitical changes though