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9781788979375

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`MacDonald masterfully unbundles the state with theoretical rigor. He gives voice to the economic efficiency of lowering the costs of political exit by de-territorializing the state. This is the most detailed and thorough contemporary argument for Panarchy, non-territorial states founded on contractual agreements. This book is fascinating for readers interested in the political possibilities opened by globalization, the internet, and cryptocurrencies. Economists, political and social theorists and philosophers, historians of ideas, and legal scholars interested in sovereignty and session would benefit greatly from this interdisciplinary study.' -- Aviezer Tucker, Harvard University, co-editor of US, Panarchy: Political Theories of Non-Territorial States `There is no reason to expect the awkward bundles of obligations called states to be economically efficient or politically stable. Trent McDonald presents an ambitious unpacking of sovereignty, based on nonterritorial unbundling. This seems impossibly radical, but modern states have only existed for 400 years. Anyone who wants to understand the next 400 years should read this book, right away.' -- Michael C. Munger, Duke University, US `Non-territorial exit (by cryptosecession) may well be the predominant means of political reorganisation in the world of tomorrow. Trent MacDonald has written a highly original, engaging and deeply profound book analysing how this might work and what it implies for economics, society and politics. A hugely important new idea.' -- Jason Potts, RMIT University, Australia

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Trent J. MacDonald, Roy Morgan Research, Australia

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