The Sovereign Individual: How to Survive and Thrive During the Collapse of the Welfare State
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The Sovereign Individual: How to Survive and Thrive During the Collapse of the Welfare State
The web allows people to transcend any bad luck of being born in a certain country or state, they’re global citizens now.
James Dale Davidson • The Sovereign Individual: How to Survive and Thrive During the Collapse of the Welfare State
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.
James Dale Davidson • 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.
James Dale Davidson • The Sovereign Individual: How to Survive and Thrive During the Collapse of the Welfare State
There’s no reason that 1000 employees can’t be replaced by a group of independent contractors, especially in a post-assembly line economy.
James Dale Davidson • The Sovereign Individual: How to Survive and Thrive During the Collapse of the Welfare State
Memorization as a skill will become useless, but the value of quickly learning will increase. We’ll be in a world of abundant information and what you’ll need to know is how to use it.
James Dale Davidson • The Sovereign Individual: How to Survive and Thrive During the Collapse of the Welfare State
Information technology has a shorter product cycle. Products will become obsolete faster, so any gains from extorting above-market wages will be short lived.
James Dale Davidson • The Sovereign Individual: How to Survive and Thrive During the Collapse of the Welfare State
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.
James Dale Davidson • The Sovereign Individual: How to Survive and Thrive During the Collapse of the Welfare State
In the future, wealth will be measured not just by the amount in your bank account, but in your ability to structure your affairs to realize complete individual autonomy and independence.
James Dale Davidson • The Sovereign Individual: How to Survive and Thrive During the Collapse of the Welfare State
We will identify more with people who share our interests and work than our country. An investment banker in Manhattan has more in common with a trader in Tokyo than the server who prepares his food for lunch.