The former Walmart executive last week unveiled plans for Telosa, a sustainable metropolis that he hopes to create, from scratch, in the American desert. The ambitious 150,000-acre proposal promises eco-friendly architecture, sustainable energy production and a purportedly drought-resistant water system. A so-called "15-minute city design" will allow residents to access their workplaces, schools and amenities within a quarter-hour commute of their homes.
In addition to innovative urban design, the project also promises transparent governance and what it calls a "new model for society." Taking its name from the ancient Greek word "telos" (a term used by the philosopher Aristotle to describe an inherent or higher purpose), the city would allow residents to "participate in the decision-making and budgeting process." A community endowment will meanwhile offer residents shared ownership of the land.
On Telosa's official website, Lore explains that he was inspired by American economist and social theorist Henry George. The investor cites capitalism's "significant flaws," attributing many of them to "the land ownership model that America was built on."
Ah, the democratic Socialist's utopia.
The erosion of individual property rights under the illusion of shared ownership, will be one more nail in the coffin of individual liberty.
Claiming total government transparency where everyone can participate in the decision-making and budgeting process is naive, at best. Our founders knew that wouldn't work.
This doesn't sound like an experiment I'd want to be a part of.
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