One of the “California Forever” billionaires, Patrick Collison, CEO of Stripe, looms large in Abundance world. Along with Open Philanthropy, he donated to fund a $120 million “Abundance” grant tied to Klein’s book release. Collison is a key backer and inspiration for the Institute for Progress (IFP), a think tank which works closely with others in the Abundance network, including at the Abundance 2024 conference. Collison co-founded “Progress Studies” with economist Tyler Cowen, born from their Atlantic article, “We Need a New Science of Progress.” While IFP isn’t officially a “Progress Studies” think tank, its mission aligns closely, and it has received funding from both Collison and Emergent Ventures, Cowen’s Mercatus Center grant program established with funding from Thiel. Klein and Thompson were interviewed by Collison on their book tour.
Cowen has his own interest in Network State style projects. Balaji Srinivasan, a cryptocurrency billionaire and Próspera funder, defines a Network State as “a highly aligned online community with a capacity for collective action that crowdfunds territory around the world.” In this alternative governance structure, tech elites would create private, blockchain based enclaves—Srinivasan calls this “tech zionism.” Network States are founded on empty land, or by taking over an existing city—as Network State evangelists have attempted in San Francisco. Srinivasan even called for “ethnically cleansing” San Francisco of non-tech people.
Cowen is an early backer of Praxis, alongside Srinivasan and Thiel. Praxis describes itself as “a grassroots movement of modern pioneers,” aiming to build an autonomous, cryptocurrency city. Initial plans proposed a Mediterranean location, but last fall, the Praxis CEO tweeted “I went to Greenland to try to buy it.” Greenland, however, reiterated that the country is not for sale.
Cowen has been a protégé and friend of Thiel’s, citing him as a major influence. He advocates a form of government called “State Capacity Libertarianism” which, unlike anarcho-capitalism, includes a strong state apparatus. In Cowen’s words: “a good strong state should see the maintenance and extension of capitalism as one of its primary duties, in many cases its #1 duty.” He explicitly credits Thiel for inspiring this idea: “You will note the influence of Peter Thiel on State Capacity Libertarianism,” Cowen writes, “though I have never heard him frame the issues in this way.”
[1] https://www.housingisahumanright.org/why-is-california-yimby...