The sovereign individual: how to survive and thrive during the collapse of the welfare state1/20/2024 These 2014 calendar year accounts showed that the company generated revenue of only $1,196,979 and had a tax provision of just $43,261. The total assets of the NZ company and its subsidiaries are more than $20m įacebook New Zealand is 100 per cent owned by Facebook Global Holdings, which is based in Palo Alto, California, but it hasn't lodged any NZ financial accounts since the December 2014 year.For example, the OctoNew Yorker profile of Sam Altman, the successful angel investor, notes "if the pandemic does come, Altman's backup plan is to fly with his friend Peter Thiel, the billionaire venture capitalist, to Thiel's house in New Zealand". This view is held by several Silicon Valley entrepreneurs. This could lead to widespread social disorder, and Davidson and Rees-Mogg identify New Zealand and Argentina as the best countries to maintain lifestyles and protect assets during political and social crises. The latter is the father of Jacob Rees-Mogg, who is playing a major role in the UK Brexit debacle.Ī central thesis of the book, which is one of Thiel's top six reads, is that the rapid development of information technology will empower individuals, leading to the demise of the nation state. One view of the future is contained in the 1997 book The Sovereign Individual - How to Survive and Thrive during the collapse of the Welfare State, jointly written by James Dale Davidson and Lord William Rees-Mogg.
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