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by somedude895 894 days ago
He doesn't say either of those things. Considering the context of a pro-libertarian text, what it means is that the capitalism part of "capitalist democracy" is losing significance as the US is moving more towards a EU-style social democracy.

But we all choose to believe what we want to believe. He certainly never said he opposed women's suffrage, as the original commenter claimed.

2 comments

> the US is moving more towards a EU-style social democracy.

The US is doing no such thing :-)

The US pays more as a percentage of GDP into social spending than Canada or Australia, and only a few percentage points behind the UK and the Netherlands - https://ourworldindata.org/grapher/social-spending-oecd-long...

Hell, American unemployment is already quite a lot more (as a percentage of previous income) than I'd get in the UK.

That position is Peter Thiel's apparent perspective as judged by somedude895, not a claim being made by somedude895 himself.

Since Peter Thiel is a libertarian, it's quite reasonable to surmise that he believes America is moving in the direction of social democracy. And if he has in mind the shifting political preferences of younger generations of Americans, I personally think it's a reasonable position to take. Public polling shows that more funding and reform for social programs is increasingly popular with younger Americans.

> the US is moving more towards a EU-style social democracy

What indicative changes have there been that make you believe this?

Social welfare spending as a percentage of GDP:

https://ourworldindata.org/grapher/social-spending-oecd-long...

It seems endemic to democratic states.