Democracy

The Seasteading Institute today announced that it has been established in order to establish permanent, autonomous ocean communities to enable experimentation and innovation with diverse social, political, and legal systems.  It will continue and expand on the work of Patri Friedman and Wayne Gramlich, authors of "Seasteading: A Practical Guide to Homesteading the High Seas".

"As Beardsley Ruml pointed out in the 1930s, with the ability to issue currency, the government has no need to tax. It can print as much money as it would ever need. Therefore, in his view, the function of taxes such as the income tax and the inheritance tax, is not to fund the government or provide for constitutionally mandated functions. Instead, the function of these taxes, he wrote in his article for Foreign Affairs magazine, is the redistribution of wealth. From whom? From those capable of producing wealth"

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Legislators would not know how to vote if it were not for these guys.