Wealthy entrepreneurs push for new societies through Network State movement

A new movement called the Network State is emerging, led by wealthy tech entrepreneurs who aim to create their own societies separate from traditional governments. This movement, founded by Balaji Srinivasan, seeks to establish digital communities that can gain territorial control and diplomatic recognition. The Network State movement is heavily funded and organized, with projects like charter cities and special economic zones being developed worldwide. Critics argue that these initiatives resemble neo-colonialism, exploiting weaker nations for profit while undermining local governance and labor rights. Despite ambitious plans, many projects face significant challenges. For instance, Prospera in Honduras is embroiled in legal disputes, and other proposed cities like Praxis lack physical locations. The movement's reliance on existing regulatory frameworks raises questions about its long-term viability.