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Randa Abdel-Fattah

๐Ÿ‘ค Speaker
1148 total appearances

Appearances Over Time

Podcast Appearances

Throughline
The billionaires' utopia blueprint

There are all kinds of network state-type projects being imagined right now, abroad and within our own borders.

Throughline
The billionaires' utopia blueprint

Exiting the system is no longer a fringe or weird idea.

Throughline
The billionaires' utopia blueprint

Starbase, Elon Musk's city in Texas, was created to build a path to Mars.

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The billionaires' utopia blueprint

The billionaire-backed California Forever Project is planning a new city on 50,000 acres of farmland on the edge of Silicon Valley.

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The billionaires' utopia blueprint

And President Trump has proposed building so-called freedom cities.

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The billionaires' utopia blueprint

Built on federal land, but privately funded and free from traditional regulations, environmental laws, and labor unions.

Throughline
The billionaires' utopia blueprint

These projects are expensive, backed by billionaire tech investors, and most are still in the digital design phase, i.e., they don't yet exist in reality.

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The billionaires' utopia blueprint

Which brings us back to Prospera, a place that does exist.

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The billionaires' utopia blueprint

It took Dan Gurma almost a year to get permission to visit Prospera from its management team.

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The billionaires' utopia blueprint

And in the meantime, he was digging into how this place ended up in Honduras.

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The billionaires' utopia blueprint

The coup has left Honduras deeply polarized.

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The billionaires' utopia blueprint

A Nobel Prize-winning American economist named Paul Romer came up with the idea of charter cities.

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The billionaires' utopia blueprint

The idea was to have a more successful country lease an empty tract of land from a host country, set its own rules, operate as an autonomous city, and court foreign investors through low taxes and light regulation.

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The billionaires' utopia blueprint

Romer was eventually sidelined, and Honduran lawmakers opted for a slightly different proposal.

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The billionaires' utopia blueprint

Instead of another country administering the land, a private corporation would.

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The billionaires' utopia blueprint

It was an attractive idea for Honduras, which had long been open to private investment.

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The billionaires' utopia blueprint

But plenty of people objected.

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The billionaires' utopia blueprint

Would it basically act as a state within their state?

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The billionaires' utopia blueprint

Would this threaten Honduran sovereignty?

Throughline
The billionaires' utopia blueprint

Still, in 2013, under a cloud of controversy, a law greenlighting charter cities was passed.