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applegrove

(118,696 posts)
Thu Jan 26, 2017, 08:14 PM Jan 2017

Billionaires like Peter Thiel get citizenship abroad so they can run from the problems they create

by Atossa Araxia Abrahamian at Quartz Media

https://qz.com/894754/peter-thiels-new-zealand-citizenship-billionaires-get-citizenship-abroad-so-they-can-run-from-the-problems-they-create/

"SNIP...........

It’s one thing for a wealthy private citizen to buy herself options to make traveling, living, and working abroad easier. Hypocrisy among Trump’s inner circle—and indeed, in all contemporary American politics—is hardly breaking news. And the irony of a Trump confidante revealing himself to be a rootless globalist is admittedly delectable. It’s also not all that surprising: Trump’s pick for trade secretary, Robert Lighthizer, has attended the Davos World Economic Forum 15 times.

The fact that Thiel can easily run away from the very rules and regulations he’ll be helping Trump shape, however, is not funny in the least. Thiel is in a position of immense power as Trump’s advisor. His opinions will affect some 300 million Americans, most of whom who do not have a backup passport—or indeed, even the funds for a plane ticket abroad. The ease with which Thiel can opt out of American society speaks to the very concerns that conservatives themselves have voiced about the denationalized “Davos man” for decades. When Samuel Huntington worried in 2004 that America’s elites were “seceding,” he could have easily been talking about Thiel—or any number of Trump’s cabinet appointees, for that matter.

It is the current system of passports and nations and states, along with moralistic attitudes about patriotism, that enables the rich to opt out.

On the surface, there seem to be immense contradictions between the nationalist, populist, protectionist rhetoric that Trump spouts and the acquisitive globalism of a Peter Thiel type. But these twin ideologies coalesce in a mutually supportive way. Trump said in a December speech that there is no world currency, no world flag, and no world passport. That’s true. But the continued primacy of the nation-state is precisely why the practice of “sovereignty hacking” or “jurisdiction shopping,” as exemplified by citizenship-by-investment programs and offshore tax registries, has become so prevalent among those who can afford it. Picking and choosing residencies, citizenships, and tax regimes helps the wealthy exist as though the world had no borders at all, which means they can throw their support behind nationalist policies that will close off options to everyone else. It is the current system of passports and nations and states, along with moralistic attitudes about patriotism, that enables the rich to opt out.

Thiel knows this world very, very well. In fact, Thiel apparently found the concept of hacking sovereignty so compelling that in 2008, he gave his personal and financial support to the Seasteading Institute, a nonprofit organization based in San Francisco that promotes the creation of artificial floating nations in international waters. The political philosophy behind seasteading can be summed up as follows:

Governments are bad

Governments are bad

Governments have a monopoly on sovereignty

Governments would be less bad if they had to compete on the open market with each other for capital, companies, citizens, and ideas
No one can compete with governments because governments control the world’s land

The only spaces that aren’t controlled by existing governments are in international waters

Creating lots of new countries in international waters will increase competition and make all governments better





.............SNIP"

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Billionaires like Peter Thiel get citizenship abroad so they can run from the problems they create (Original Post) applegrove Jan 2017 OP
People like him should be forced to escape to islands with low elevations. Not applegrove Jan 2017 #1
Good example of patriotic devotion. dalton99a Jan 2017 #2
The Great Thielsby gratuitous Jan 2017 #3
Right on. applegrove Jan 2017 #4

applegrove

(118,696 posts)
1. People like him should be forced to escape to islands with low elevations. Not
Thu Jan 26, 2017, 08:16 PM
Jan 2017

hilly places like New Zealand than will not drown with climate change. A place with low elevation to the sea and no functioning government.

gratuitous

(82,849 posts)
3. The Great Thielsby
Thu Jan 26, 2017, 08:18 PM
Jan 2017

"They were careless people, Tom and Daisy – they smashed up things and creatures and then retreated back into their money or their vast carelessness, or whatever it was that kept them together, and let other people clean up the mess they had made."

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