Whoa, first off, I'm responding to the use of "corrupt" instead of the more accurate "Monopoly". Second, while I don't personally agree with Thiel he raises an

Whoa, first off, I'm responding to the use of "corrupt" instead of the more accurate "Monopoly". Second, while I don't personally agree with Thiel he raises an interesting point about monopolies - primarily that freedom from commodity competition allows them time to innovate (a la Google). His point is that there are three kinds of monopolies (unethical, govt sanctioned, innovative) and that the innovative kind may not be so bad - kind of like a benign dictator.