"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."
Which he clarified this way after so much outrage.
"It would be absurd to suggest that women’s votes will be taken away or that this would solve the political problems that vex us. While I don’t think any class of people should be disenfranchised, I have little hope that voting will make things better."
> But I must confess that over the last two decades, I have changed radically on the question of how to achieve these goals. Most importantly, I no longer believe that freedom and democracy are compatible.
His talk of women being a "problem" in politics is just one example of this broader theme in the article. He talks about establishing a new territory (where /who/ would rule exactly?), he complains about welfare recipients and champions economic depressions without a care for the lives they ruin.
This isn't even taking into account the evidence for what libertarian politics actually create (the Gilded Age is instructive) or the fact that capitalists who get too fed up of either liberal reform or socialist agitation tend to ally themselves with, or outright create, fascists, as Thiel is doing nowadays with Trump, Yarvin and Blake Masters.
It's clear to me that he's moving down the pipeline from libertarian to fascist, as many have done before him.
Which he clarified this way after so much outrage.
"It would be absurd to suggest that women’s votes will be taken away or that this would solve the political problems that vex us. While I don’t think any class of people should be disenfranchised, I have little hope that voting will make things better."
[1] https://www.cato-unbound.org/2009/04/13/peter-thiel/educatio...