Permanent, autonomous dwellings at sea outside governmental territory and interference: Each settlement has an own jurisdiction where switching costs between dwellings are eliminated. This enables consumers to switch governance providers, increase competition, and improve allocative efficiency in the supply of common goods in the governance market
Proponents: The Seasteading Institute
For further interest on this topic:
| Reason for intervention | |
|---|---|
| Institutional impact | Decentralization of governance, decentralization of democracy, erosion of taxation monopoly |
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