The sovereign individual: how to survive and thrive during the collapse of the welfare state epub9/23/2023 ![]() Davidson and Rees-Mogg, who publish Strategic Investment, a financial newsletter, present an apocalyptic exercise that is unconvincing. In their forecast, citizenship will become obsolete new forms of sovereignty reminiscent of medieval merchant republics will spring up electronic plebiscites will decide legislative proposals mafias, renegade covert agencies and criminal gangs will exercise much more behind-the-scenes power. They further predict that the next millennium will see an enormous decline in the influence of politicians, lobbyists, labor unions and regulated professions as new information technologies democratize talent and innovation and decentralize the workplace. ![]() The computer revolution, in the authors' dire scenario, will subvert and destroy the nation-state as globalized cybercommerce, lubricated by cybercurrency, drastically limits governments' powers to tax.
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