NEW
CAPITALIST INSTITUTIONS

NEW
CAPITALIST INSTITUTIONS

The world urgently needs better institutions. It's time to build them.

About Me

About Me

I'm an economist, entrepreneur and author, and a principled capitalist. Based on my perspective on institutional economics, I'm driven by the conviction that for-profit, private institutions should play a bigger role in key sectors, including governance. Besides writing, I consult and build projects to make this vision a reality.

I'm an economist, entrepreneur and author, and a principled capitalist. Based on my perspective on institutional economics, I'm driven by the conviction that for-profit, private institutions should play a bigger role in key sectors, including governance. Besides writing, I consult and build projects to make this vision a reality.

ESSAYS

ESSAYS

Exploring the frontiers of governance, education, institutional design and more

The Proprietarian Manifesto

The West is facing a growing set of serious problems: institutional corruption and bloat, captured regulators, partisan media, a weakening rule of law, monetary debasement, spiralling national debts, excessive regulation, and the mounting pressures of mass immigration. In this essay, I argue these problems share a common root: non-capitalist institutions that by their nature lack real accountability. The solution I propose is a broad expansion of capitalist principles — including to governance itself — pursued through both political and non-political means. Mass democracy, as currently practised, is accelerating these problems rather than solving them. Extending capitalism to public institutions is the most viable path forward. This essay is aimed at entrepreneurs, and explains why and how they might engage with this challenge.

The Proprietarian Manifesto

The West is facing a growing set of serious problems: institutional corruption and bloat, captured regulators, partisan media, a weakening rule of law, monetary debasement, spiralling national debts, excessive regulation, and the mounting pressures of mass immigration. In this essay, I argue these problems share a common root: non-capitalist institutions that by their nature lack real accountability. The solution I propose is a broad expansion of capitalist principles — including to governance itself — pursued through both political and non-political means. Mass democracy, as currently practised, is accelerating these problems rather than solving them. Extending capitalism to public institutions is the most viable path forward. This essay is aimed at entrepreneurs, and explains why and how they might engage with this challenge.

The Return of Empire

We stand at the beginning of the greatest revolution in military technology since the invention of gunpowder. AI promises to make human soldiers unnecessary by replacing them with robotic systems. This development may lead to a profound change in political institutions by removing the constraints that led to democracy. Technology made democracy, and might soon unmake it. What is likely to emerge instead is a patchwork of proprietary jurisdictions. This essay ends by proposing safeguards that might keep beneficial parts of democratic governance even as its technological foundations crumble.

The Return of Empire

We stand at the beginning of the greatest revolution in military technology since the invention of gunpowder. AI promises to make human soldiers unnecessary by replacing them with robotic systems. This development may lead to a profound change in political institutions by removing the constraints that led to democracy. Technology made democracy, and might soon unmake it. What is likely to emerge instead is a patchwork of proprietary jurisdictions. This essay ends by proposing safeguards that might keep beneficial parts of democratic governance even as its technological foundations crumble.

Evolutionary Architecture

Surveys, history and neuropsychological research shows clear patterns in what kind of architecture humans prefer. In this essay I explain what we can learn from this, including what's necessary for buildings to beautiful, why this implies a return to traditional architecture and how people can profit from building beautiful buildings.

Evolutionary Architecture

Surveys, history and neuropsychological research shows clear patterns in what kind of architecture humans prefer. In this essay I explain what we can learn from this, including what's necessary for buildings to beautiful, why this implies a return to traditional architecture and how people can profit from building beautiful buildings.

BOOK

BOOK

A comprehensive theory of proprietary governance and a new foundation for (Austrian) economics

The Proprietary State
A Capitalist Vision for Better Governance

The Proprietary State
A Capitalist Vision for Better Governance

The Proprietary State
A Capitalist Vision for Better Governance

What if a government takes the form of a for-profit corporation? In this book, I explain the nature and possibility of the proprietary government—A government with shareholders instead of voters.

This book contains a comprehensive theory of proprietary governance as well as a new foundation for economic theory, and new perspectives on theories including public choice and the Coase Theorem. Challenging established theories and ideas, it introduces a groundbreaking theory relating to contract, government, entrepreneurship, consumer sovereignty and more. It then delves into the advantages and disadvantages of 'privatising' a government, and explain how to maximise the former while minimising the latter.

"Kerpestein's book is one of the most interesting works in economics, providing a potential blueprint for how territorial governance may be provided in the not too distant future."
— Erick Brimen, founder & CEO of Próspera

"An important contribution to the discussion of new systems of governance."
— Titus Gebel, founder & CEO of Tipolis

Buy on Amazon or download for free

Work

WORK

Making the proprietarian vision a reality,
starting in higher education

Cloud College/FrontierU

My life's work is helping fix the institutions of society, starting in higher education. Cloud College and FrontierU introduce a new model to reform higher education, leveling the playing field between for-profit and nonprofit institutions. This model will save young people thousands of dollars per year in tuition fees and living expenses, while providing them a better educational and extracurricular experience. The future of education is for-profit, personalised, and free from the rigid, one-size-fits-all programs of the past.

Cloud College/FrontierU

My life's work is helping fix the institutions of society, starting in higher education. Cloud College and FrontierU introduce a new model to reform higher education, leveling the playing field between for-profit and nonprofit institutions. This model will save young people thousands of dollars per year in tuition fees and living expenses, while providing them a better educational and extracurricular experience. The future of education is for-profit, personalised, and free from the rigid, one-size-fits-all programs of the past.

Get in Touch

For discussing ideas, collaborations or anything else. Don't hesitate to reach out.