PayPal-founder Peter Thiel was so inspired by Atlas Shrugged - Ayn Rand's novel about free-market capitalism - that he's trying to make its title a reality.
The Silicon Valley billionaire has funnelled $1.25 million to the Seasteading Institute, an organization that aspires to launch a floating colony into international waters, freeing them and like-minded thinkers to live by Libertarian ideals.
The floating sovereign nations that Thiel imagines would be built on oil-rig-like platforms anchored in areas free of regulation, laws, and moral conventions.
Mr Thiel and his colleagues say their ocean state would have no welfare, looser building codes, no minimum wage, and few restrictions on weapons.
Thiel meanwhile once a crowd at the Seasteading Institute Conference in 2009 that: 'there are quite a lot of people who think it's not possible.
That's a good thing. We don't need to really worry about those people very much, because since they don't think it's possible they won't take us very seriously. And they will not actually try to stop us until it's too late.'
Billionaire douche reveals plan to launch floating 'start up country' off coast of San Francisco