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orangecrush

(26,449 posts)
Thu Jul 10, 2025, 10:16 AM Jul 10

Robert Reich article about the Tech nazis [View all]

Peter Thiel’s Palantir poses a grave threat to Americans


A former generation of wealthy US conservatives backed candidates like Barry Goldwater because they wanted to conserve American institutions.

But this group – Thiel, Musk, Sacks, Karp and Vance, among others – doesn’t seem to want to conserve much of anything, at least not anything that occurred after the 1920s, including social security, civil rights and even women’s right to vote.

As Thiel has written:

The 1920s were the last decade in American history during which one could be genuinely optimistic about politics. Since 1920, the vast increase in welfare beneficiaries and the extension of the franchise to women – two constituencies that are notoriously tough for libertarians – have rendered the notion of ‘capitalist democracy’ into an oxymoron.

Hello?

If “capitalist democracy” is becoming an oxymoron, it’s not because of public assistance or because women got the right to vote. It’s because billionaire capitalists like Musk and Thiel are intent on killing democracy.

Not incidentally, the 1920s marked the last gasp of the Gilded Age, when America’s robber barons ripped off so much of the nation’s wealth that the rest of the US had to go deep into debt both to maintain their standard of living and to maintain overall demand for the goods and services the nation produced.

https://www.theguardian.com/commentisfree/2025/jun/30/peter-thiel-palantir-threat-to-americans

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