Libertarians join forces to establish a Galt's Gulch in Chile. It goes exactly as one would predict.

[Dinner]

I saw this on another website and thought I would share it here.

Those familiar with Atlas Shrugged know of Galt's Gulch - a remote valley where the prime movers of society could flee from government coercion and watch the world burn, once bereft of their contributions.

Well, a bunch of Ayn Rand fans decided to make it reality, to purchase a property in Chile where they could build a proper Objectivist enclave and live in in non-coercive harmony.

It looks kinda nice:

http://galtsgulchchile.com/

- although one should heed this warning:

The information on the Galt’s Gulch Chile website (Galt's Gulch Chile - To your freedoms http://www.galtsgulchchile.com/ ) and related information only has validity within the country of origin. As such, it is not an offer, solicitation, advertisement, inducement, agreement, or contract. Furthermore, this information on the and all contents is specifically restricted, invalid, and void where prohibited, controlled, permitted by law, or could incur a tax, and therefore should be disregarded except for pleasure and entertainment purposes.

Well, long story short - it turns out that a philosophy that teaches that pursuing one's own happiness is a moral purpose and that laissez-faire capitalism is the only defensible system just may attract the sort of people you shouldn't trust with your money...

http://gawker.com/ayn-rands-capitali...b-1627574870?x Ayn Rand's Capitalist Paradise Is Now a Greedy Land-Grabbing ****storm

Basically, the creators of the scheme talk a great game, put on a great facade, and appear to have little if any idea of what they're doing. They'll sell subplots that are actually too small to be legal, they'll borrow money and run up debt, the actual ownership and structure has deteriorated into a maze of companies owning other companies.

One of the originators has even gotten fed up:

http://dollarvigilante.com/blog/2014/8/27/the-good-the-bad-and-the-ugly-on-galts-gulch-chile.html

But you can still buy an estate there for $500,000, if you also extend them a $2,000,000 loan - which they'll totally repay. Any takers?

[The Mad Monk]

The inhabitants of Galt's Gulch in the book were proven creators who built their own enterprises, and understood how to work. Seriously. It was invitation only, and they didn't want deadweights.

Any of those here?

[Boris Godunov]

proven creators who built their own enterprises, and understood how to work.

So, in other words, the complete opposite of Ayn Rand?

[Aeson]

It's too bad we don't have more libertarians here at Apolyton ...

[Ben Kenobi]

Any of those here?

They are libertarians, TMM. What do you think?

[The Mad Monk]

dpost

[The Mad Monk]

"Here" meaning in the story of the group in Chile.

[regexcellent]

So, in other words, the complete opposite of Ayn Rand?

Ayn Rand was a fairly successful author, much like the authors of Twilight and 50 Shades of Grey. (I mean this in the most dismissive possible manner)

[Ben Kenobi]

Reg reads Twilight? Explains many things.

[Dr Strangelove]

Ayn Rand was a fairly successful author, much like the authors of Twilight and 50 Shades of Grey. (I mean this in the most dismissive possible manner)

Big deal, so were L. Ron Hubbard and E.E. Doc Smith. Joe Smith was a convicted con-man who founded a religionthat is still going strong.

[regexcellent]

I'm not trying to say her writing was worthwhile.

[Ben Kenobi]

Meyer's? Why do you read her then?

[C0ckney]

it just sounds like a bunch of conmen and incompetents. it's also a good example of anarcho-capitalism's flaws.

[ricketyclik]

Ayn Rand was a fairly successful author, much like the authors of Twilight and 50 Shades of Grey. (I mean this in the most dismissive possible manner)

OMG Reg! You posted something I agree with!

[Hauldren Collider]

Ayn Rand was wrong. Bioshock proved it!