I came across this article about someone creating an actual version of Galt’s Gulch in Chile. After reading the article, it struck me as primarily a real estate sales scheme, but I was wondering what others think about it.
I wonder how many will be disappointed to find that their ‘Galt’s Gulch’ is still subject to Chile’s laws, taxation, and universal health care.
Not real. I know several people who’d be there if it were, and they’re not. And besides, now that the entire world knows about it . . . doesn’t that kinda defeat it purpose?
I know I would be disappointed to find out that there were no mirage-creating heat beams keeping it concealed.
Gullible Gulch
This isn’t a real-estate scam in the sense that you really are purchasing the land. And the guy doing it may actually believe his shtick. But no, this is never going to turn into Galt’s Gulch, because if very many wealthy people move there, Chile will tax the crap out of them.
I thought it was so absurd, I actually had to post a comment to the web site. Since it may not get approved by the admins, it basically went something like this:
This sounds like time-share scheme for Ayn Rand fanatics. If they are looking to evade taxes from the Western nations whose taxpayer funded infrastructure afforded them the stability and security to build their businesses in the first place, why don’t they move to the Bahamas, Aruba or Cayman Islands or hide their money in Swiss banks like a normal rich person?
For all the big talk, this venture still requires an “economic environment conducive to productive business opportunities, with a government that allows people to create and keep the majority of their wealth” as well as “legal and secure ownership of land by foreigners”, provided by the government of Chile. If they are so “anti stateist”, why don’t they pick some failed state like Somalia or the Sudan to build their enclave in? Possibly because all property rights must ultimately be protected by a system of laws enforced by a legitimate governing body with the ability to maintain a monopoly of violence?
Based on the comments, I would be really curious to see what sort of right wing Utopia a group of rich people, Libertarians, gold bugs, gun nuts, and bitcoin traders come up with.
Most real estate scams involve people really purchasing the land. It’s just that it turns out that the land is isolated, without necessary amenities (roads, a water system, electricity), and the promised “community” doesn’t exist. I am not a Randian, but if I were, I would not be purchasing in Galt’s Gulch until I was convinced that a thriving community with all of the necessary support services existed there. Until then, I look forward to seeing the story of the collapse of this scam on American Greed.
I, too, am disappointed at any lack of heat-beams. It is a depressingly underutilized technology. 
If this is their website then it looks as if they are indeed selling land or at least claiming to do so.
Oddly, it sounds sort of like a hippie commune.
I wonder… will there be regulations to make sure that the owners of the lakes maintain their “organic” status?
The lakes will be individually owned right? None of this community owned nonsense. It is Galt’s Gulch, after all.
What about the water systems. What if the owner of those springs finds it more profitable to bottle it and export it? The springs will belong to an individual or company right?
Or maybe the power plant owner will find if more profitable to burn coal or use nuclear, or frack near their water supplies.
The title of the website even uses the word “community”. Damned communists! 
A true Objectivist (the actual term for a follower of Rands teachings) wouldn’t need all that stuff. They would just go about building it themselves!
Well, here’s an updateon the Galt’s Gulch Chile project.
Not surprisingly, it did not go well–at least for the investors.
Too pathetically funny, and totally expected.
Well, if no one creates those support services, they obviously aren’t needed. The Randian handbook for these communities, Great Capitalism Will Provide Opportunities for All Worthy Enterprises, told me so.
I guess they can put house fires out with their giant piles of gold.
Wasn’t there a plan a few years back to build a floating libertopia? Some libertarians were going to build a big ocean liner, sail it out into international waters, and declare their independence. Is that still in the works?
They’re having trouble with the permits. 
Oceania-The Atlantis Project. It failed miserably.
Is everything based on Rand’s works full of fail?
I knew it was in trouble when I saw this.
Zoning? Enforceable guidelines? Sounds like the choking grasp of regulations to me.
How is Glenn Beck’s Independence USA going? I just did a cursory Googling, but I don’t see any news since the announcements back in early in 2013.