Swindled

131. The Utopia (Galt's Gulch Chile)

37 snips
Sep 7, 2025
Explore the rise and fall of a libertarian dream in the Chilean countryside. The ambitious Galt's Gulch project promised a utopia but quickly unraveled due to betrayal and mismanagement. Delve into controversial alternative cancer treatments that exploited desperate patients, revealing ethical dilemmas. Encounter the chaotic aftermath with power struggles and legal battles within a community striving for accountability. Amid radical ideals, witness the harsh realities of pursuing freedom as personal stories illuminate the tragic consequences of such ventures.
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ANECDOTE

Prince Lazarus’s New Utopia Pitch

  • Howard Turney declared a self-styled micro-nation called the Principality of New Utopia and planned massive concrete platforms over a submerged reef.
  • He marketed passports, currency, and noblesse to attract investors despite lacking funding or engineering feasibility.
INSIGHT

Utopian Salesmanship Meets Ideology

  • Turney sold a mythical libertarian paradise built on minimal regulation, appealing to anti-tax, anti-bureaucracy sentiment.
  • The promise combined grand architectural fantasies with political ideology to monetize escape fantasies.
ANECDOTE

Finding El Peñon: The Galt’s Gulch Origin

  • John Coben found 11,000 acres called El Peñon and branded it Galt's Gulch Chile for libertarian expatriates.
  • He planned 3,000 lots, universities, farms, and passive income but needed investors to buy the land and finance development.
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