Examines the revolution in electronic communications. This book explores the social and financial consequences of this change and should help people to take advantage of its opportunities and to avoid being destroyed by its impact.
Fundamentally, this trend to the "off-shore" will capitalise on an emerging free market in sovereignty, i.e. the provision of government services such as defence, police and court system. The likely result of this market will be that large scale support of unprofitable activities, such as massive transfer payments to nominally or factually poor people, will become increasingly rare, as those govenments that focus on protection will be able to offer a lower price. Thus, businesses and wealthy individuals will simply settle in jurisdictions that have minimal or nonexistent welfare systems.Read more ›
This book takes *big history*, combines it with analysis of contemporary technological advances (esp the internet) and argues that the future will see far more individual liberty than ever before.
The passage of two years since its publication has not undermined their theses at all.
The presentation style is mightily irritating -- several ill-disguised rants on every page along the lines of "we told you so", "when the rest of the world ridiculed us, who were the ones that were right after all...?", "we pointed this out as early as in 1994, but did people listen to us? Oh no.". If you can tolerate the rant and self-righteousness, you have a first-rate book with a frightening view of where we are heading, and no reason not to believe the conclusions.
Highly recommended, mightily irritating.