Peter Thiel on Democracy

In a world without technological progress, you have a zero-sum society. Its not clear whether capitalism could work in such a society. I certainly do not think that democratic representative government could work because it works by having a growing pie, in which, you forge compromises - you divvy up the pie, and everyone gets a little bit more as long as the pie keeps growing. When the pie stops growing, politics gets polarized, and people are really angry at each other, even when there are no objective differences at all. This, I think, is a pretty accurate description of politics in 2014.

This guy is a gem.

 
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