Economics/Class Relations

Billionaire entrepreneur Marc Lore wants to build nation’s first woke city

Do it. And anti-wokesters can build their own cities as well.

By

Former Walmart executive and e-commerce billionaire Marc Lore wants to build the world’s first woke city from scratch — somewhere in the US.

Lore last week unveiled plans for his utopia, called Telosa, from the ancient Greek word Telos, meaning “highest purpose.”

“The mission of Telosa is to create a more equitable, sustainable future. That’s our North Star,” Lore said in a promotional video. “We are going to be the most open, the most fair and the most inclusive city in the world.”

Key to the city’s plans is Lore’s economic vision, called “Equitism,” in which the land upon which the city is built will be donated to a community endowment.

Residents, in turn, own their homes on the land and are enriched as home values increase, according to the project’s site, and after a period of “hyper-growth,” residents can buy the land from the community endowment.

READ MORE

1 reply »

Leave a Reply