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The Sovereign Individual

How To Survive and Thrive During the Collapse of the Welfare State

The Sovereign Individual Cover Image

The Sovereign Individual cover

The Sovereign Individual Authors

The Sovereign Individual Book Published Date

03 February 1997

The Sovereign Individual Editions

Touchstone

The Sovereign Individual Publisher

Touchstone

The Sovereign Individual ISBN

9780684832722

The Sovereign Individual Formats

Hardcover

The Sovereign Individual Number of Pages in Book

448

The Sovereign Individual Available Offers

Seller alibris.com

alibris.com Prices

From 20.60 USD to 147.94 USD

The Sovereign Individual Abstract

The Sovereign Individual forecasts the transition to the Information Age and the rise of digital currency and decentralization.

The Sovereign Individual Description

A profound non-fiction book on the future of self-ownership and the digital economy.

My Key Takeaways from The Sovereign Individual Book

The Sovereign Individual is a profound exploration of the future of self-ownership and the decline of the nation-state.

The Technological Singularity: An Accelerating Feedback Loop

Humans are poised to use technology to create increasingly optimized technologies. This human-technology system will likely generate a positive feedback loop, leading to continuous advancements in technological capabilities. Each iteration will produce technology that surpasses its predecessor, resulting in a gradual but potentially exponential increase in technological sophistication. The long-term consequences of this escalating loop are difficult to predict.

The Apokalypsis of the New Millennium

Published in 1997, at the very end of the 20th century, the authors hypothesize the advent of an "Apokalypsis" (unveiling) to mark the beginning of the new millennium (the year 2000 and beyond).

The Decline of the Nation-State: A Technological Erosion

The authors contend that the concept of the "nation-state" will diminish in significance and power as the 21st century unfolds. This erosion will primarily be driven by technological advancements. The nation-state will exert less influence on the human psyche and, consequently, on overall culture.

Information Technology: The Defining Artifact of the 21st Century

The authors believe that information technology, encompassing both data (information) and the tools of communication (telecommunication, servers), will constitute the most crucial and influential artifact of this new millennium.

The Rise of the Digital Nomad: Sovereign Individuals in the Globalized Economy

The authors anticipate the "digital nomads" concept before its widespread recognition. They describe these individuals as Sovereign Individuals, liberated from the constraints of traditional nation-states, as their primary income source is the Internet economy. These individuals are not subject to the same financial and jurisdictional constraints as traditional residents. Consequently, nations will increasingly need to compete with one another to maintain their relevance and attract these individuals, thereby contributing to their national economies. The authors predict that housing prices will be a crucial lever nations can utilize to enhance their attractiveness to this demographic.

The Rise of Alternative Power Structures

The power vacuum left by declining nation-state "elites" will be filled by other smaller structures, such as organized criminal networks and online entrepreneurs. Also, even the culture dictated by the essence of a nation-state in the national zeitgeist will be transitioned towards an internet culture, notably the internet "troll" or the online hook-up culture.

Written by Mahdi Furry

The Sovereign Individual Book Identifier

The Sovereign Individual ISBN

9780684832722

The Sovereign Individual Keywords

  • Economics
  • Internet
  • Digital currency
  • Decentralization
  • Book
  • The sovereign individual

The Sovereign Individual Genre

  • Political
  • Philosophy

The Sovereign Individual Educational Level

Advanced

The Sovereign Individual Learning Resource Type

Non-fiction
Webpage Published
22 January 2025