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petite6
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Financial Times Discovers the Network State Cult (if you haven't read this be alarmed. VERY ALARMED)
12/09/25 11:04 AM




The Financial Times is the latest mainstream newspaper to discover the existence of the Network State cult. In a story headlined “Tech elites are starting their own for-profit cities,” FT writer Hannah Murphy outlines the basics of the movement to create new tech-controlled fascist cities all over the world.

This once seemed like a fringe idea, and most major news outlets have ignored it. That is changing.

Writes Murphy:


But what was a fringe concept a matter of years ago is now attracting more interest as scrappy start-up chief executives and aggrieved billionaires contemplate the allure of tech-friendly havens unbound by legacy rules and regulation.

While some are aspirational, reliant on their founders securing hard-to-come-by special economic zone status, there are now about 120 “start-up societies” in the works, according to an open-source database shared by Srinivasan.

A few have received hundreds of millions of dollars in venture capital from funds backed by the likes of investors Peter Thiel and Marc Andreessen, OpenAI founder Sam Altman and Brian Armstrong, Coinbase chief executive.
The story whitewashes some aspects of the Network State cult. It makes no mention of Balaji Srinivasan’s fascist vision for a tech “Gray Tribe” that teams up with police to purge the Democratic “Blue Tribe” from San Francisco, or the fact that Srinivasan predicts the USA is headed toward civil war.

It describes the Praxis network state—funded by Marc Andreessen, Peter Thiel, and Sam Altman—as “whimsical and rebellious.” (Ignoring the fact that the Praxis website predicts the decline of nation-states and is coded with fascist messaging about restoring Western values.) It describes Praxis CEO Dryden Brown as “a homeschooled professional surfer with a penchant for Austrian economics,” ignoring his vicious anti-LGBTQ pride rant over the summer and his current role in spreading a debunked “white genocide” conspiracy theory about South Africa.

https://www.thenerdreich.com/financial-times-wr/?ref=the-nerd-reich-newsletter


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* Financial Times Discovers the Network State Cult (if you haven't read this be alarmed. VERY ALARMED)
petite6
12/09/25 11:04 AM

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