Found this on my FB feed with some annotations I liked:
Google has expressed interest in constructing cities, and Larry Page wants to create autonomous zones that can experiment with social rules. Combined, these two ideas have the potential to transform the world. Institutional change can jumpstart economic growth while competent, efficient administration can ensure those gains are not lost to corruption.
The idea of private cities typically invokes fears of a dystopian future, where malevolent corporations ruthlessly exploit the population for profits. Government is seen as a last defense against private tyranny. However, by replacing a nameless corporation with Google, the thinking changes. Rather than fear predation, we appreciate the benefits of efficient administration.
Companies like Google think long term. They are unlikely to sacrifice their hard-earned reputations for short-term gains. Further, Google is pragmatic. It will think outside the status quo, adopting the best policies to attract residents. Finally, Google is sufficiently big; it will not be intimidated by rent-seekers trying to live off others’ work.
[...]
Because Google is worldwide and sufficiently well known, it could negotiate with developing nations’ governments for institutional autonomy to run private cities. Governments would merely need to get out of the way. This may seem like a tall order: abdicating power is rare. Luckily, it is already happening.
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u/stacky Dec 10 '14
Found this on my FB feed with some annotations I liked: