Quote of the day by PayPal co-founder Peter Thiel: 'I no longer believe that freedom and democracy are compatible' — a foundational thesis of the new tech elite
Peter Thiel is among the most prominent figures in the technology industry, having co-founded PayPal in the 90s and Palantir a few years later. Although he's since stepped back from running technology companies, he plays an active role in business, finance – and indeed in politics.
Minimum government, maximum freedom
Writing an essay for the Cato Unboundjournal nearly 20 years ago, Thiel outlined his political thinking as one that prioritizes the individual – and individual freedoms – above the needs or demands of the majority.
Quote of the day
This article is part of TechRadar Pro's QOTD project to provide an insight into the minds of the brightest and most recognized figures in the technology industry today and in years gone by. Read the full series here.
In this essay, he explained how he was disillusioned with democratic politics and that it had become an antagonist to "freedom"...
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