Giving Compass' Take:

• Silicon Valley billionaires are supposedly apocalypse-proofing themselves by buying up land in New Zealand on the Pacific Ring of Fire, the horseshoe curve of geological fault lines that stretches upward from the western flank of the Americas, back down along the eastern coasts of Russia and Japan and on into the South Pacific.

• What could this mean economically for New Zealand and it's residents? What does it mean politically? The rich can afford to insulate themselves from environmental disaster, how can philanthropists help protect disadvantaged populations? 

• Read more about New Zealand. 


If you’re interested in the end of the world, you’re interested in New Zealand. If you’re interested in how our current cultural anxieties – climate catastrophe, decline of transatlantic political orders, resurgent nuclear terror – manifest themselves in apocalyptic visions, you’re interested in the place occupied by this distant archipelago of apparent peace and stability against the roiling unease of the day.

If you’re interested in the end of the world, you would have been interested, soon after Donald Trump’s election as US president, to read a New York Times headline stating that Peter Thiel, the billionaire venture capitalist who co-founded PayPal and was an early investor in Facebook, considered New Zealand to be “the Future”. Because if you are in any serious way concerned about the future, you’re also concerned about Thiel, a canary in capitalism’s coal mine who also happens to have profited lavishly from his stake in the mining concern itself.

Thiel is in one sense a caricature of outsized villainy: he was the only major Silicon Valley figure to put his weight behind the Trump presidential campaign; he vengefully bankrupted a website because he didn’t like how they wrote about him; he is known for his public musings about the incompatibility of freedom and democracy, and for expressing interest – as though enthusiastically pursuing the clunkiest possible metaphor for capitalism at its most vampiric – in a therapy involving transfusions of bloodfrom young people as a potential means of reversing the ageing process. But in another, deeper sense, he is pure symbol: less a person than a shell company for a diversified portfolio of anxieties about the future, a human emblem of the moral vortex at the centre of the market.

Read the full article on how Silicon Valley billionaires are prepping for the apocalypse by Mark O'Connell at The Guardian.