Friday, January 13, 2012

invest in life

crossposted from Stealth of Nations:

You, too, can invest in something infinitely more valuable than profits. It's a strange new commodity called life.

As The New York Times reports, Copenhagen's Christiania squatters, famed for their anti-free market ways, are selling shares in their community so they can buy it from the government. What do you get for your investment: "a symbolic sense of ownership in Christiania and the promise of an invitation to a planned annual shareholder party." As one squatter calls it, "ownership in an abstract form."

According to the Copenhagen Post, after striking a deal with the state this summer,  Christiania residents now need to raise 76.2 million kroner (almost $13 million) to buy the  majority of the area’s properties and an additional six million kroner  to rent adjoining green spaces. The first 43 million kroner (or approximately $8 million) is due on 15  April 2012. Several prominent people have purchased Christiania Shares, including  Margrethe Vestager, minister of the economy and interior, and Mogens  Lykketoft, president of parliament. The shares are available for  purchase online at

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