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Let me acquaint you with Peter Thiel, a libertarian VC: https://www.wired.com/story/the-libertarian-logic-of-peter-thiel/ https://www.wired.com/story/the-libert
by rexreed 4y ago
Let me acquaint you with Peter Thiel, a libertarian VC: https://www.wired.com/story/the-libertarian-logic-of-peter-thiel/ https://www.wired.com/story/the-libertarian-logic-of-peter-t...
And lest you think he's the only libertarian VC: https://www.newstatesman.com/quickfire/2023/03/silicon-valley-bank-collapse-hypocrisy-libertarian-tech-bros https://www.newstatesman.com/quickfire/2023/03/silicon-valle...
And to them railing against bailouts while asking for them now (from the above article):
“Where is [the chairman of the Federal Reserve, Jay] Powell? Where is [the Treasury secretary, Janet] Yellen? Stop this crisis NOW,” tweeted the venture capitalist David Sacks – the same David Sacks who is a friend of Thiel and Musk, and who has previously heavily criticised “special-interest corruption” and bank bailouts. Bill Ackman, a billionaire hedge fund manager and Donald Trump supporter that has in the past complained about attempts by the government’s Securities and Exchange Commission to regulate one of his investment funds, performed some spectacular mental gymnastics over the weekend, calling on the FDIC to “guarantee all bank deposits”.
- pc86 4y agoI don't know that I would describe any of Thiel's opinions as "mainstream."
- deleted 4y ago[deleted]
- JetSpiegel 4y agoHe was practically the GOP economic ideologue under Trump.