How Peter Thiel Became the Right’s Tech-Authoritarian Kingmaker
Aug 25, 2024
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Max Chafkin, a Bloomberg Businessweek reporter and author of 'The Contrarian', dives into Peter Thiel's surprising evolution from Silicon Valley oddball to a major political influencer. He discusses Thiel's mentorship of J.D. Vance and his impact on the GOP's hard-right shift post-2020. Chafkin also critiques Thiel's controversial views on democracy and online privacy, revealing how his ideologies resonate with a new generation of tech leaders. The conversation paints a vivid picture of how Thiel is reshaping conservative politics and its implications for the future.
Peter Thiel has evolved from a Silicon Valley outsider to a pivotal figure shaping the Republican Party's hard-right ideology.
Thiel’s financial influence is substantial, having contributed around $32 million to candidates aligning with his nationalistic and populist themes.
His belief that freedom and democracy are at odds underscores a provocative vision advocating for technocratic, authoritarian leadership over the masses.
Deep dives
Peter Thiel's Rise in Republican Politics
Peter Thiel, a significant venture capitalist in Silicon Valley, has emerged as a central figure in Republican politics, particularly in the post-Trump era. His influence is attributed to both his extensive financial contributions and his espousal of hard-right ideologies that resonate with the Trump base. By backing younger, ideologically aligned candidates like J.D. Vance, Thiel aims to reshape the direction of the Republican Party, illustrating his role as a key power broker. His notable political donations, including those to midterm Senate candidates, highlight his strategic support for figures who embody Trumpism with a more disciplined approach.
Thiel's Ideological Foundations
Thiel's ideological roots can be traced back to his formative years at Stanford University in the late 1980s, where he was involved in conservative campus activism. During this period, he founded a right-leaning newspaper, the Stanford Review, which promoted controversial views that have since fed into his broader political philosophy. His early writings, notably in works like 'The Diversity Myth,' reveal a consistent skepticism towards perceived liberal orthodoxy in academia and society. This ideological backbone became a driving force behind his investments and eventual political maneuvers within the Republican Party.
Contrarian Views on Democracy
Thiel is known for his provocative stance on democracy, asserting that he believes freedom and democracy are incompatible. His argument suggests that the unthinking masses should not wield power in political systems, which he regards as a constraint on innovation and progress. This radical viewpoint is juxtaposed with the broader Silicon Valley belief that technologists are inherently superior and should lead societal advancement unencumbered by typical democratic processes. As such, Thiel's ideology advocates for a more authoritarian approach, positioning elite CEOs and innovators as the rightful rulers over the general populace.
Thiel's Relationship with Trump
Thiel's relationship with Donald Trump has been complex, characterized by initial support followed by a gradual distancing, particularly as Trump's presidency faced challenges. After Trump's election, Thiel's frustrations grew as candidates he backed, like Blake Masters, failed to fully embrace the hardline stances that Thiel valued. Despite initial backing of Trump's policies, Thiel's current reluctance to openly support Trump again underscores a shift as he seeks candidates who align more closely with Ideology rather than personality. This changing dynamic reflects broader trends within the Republican Party as it navigates its identity in the aftermath of Trump’s tumultuous period in power.
Thiel's Financial Influence on Candidates
Peter Thiel's financial clout has allowed him to significantly impact the Republican Party by funding candidates who share his far-right viewpoints. In the 2022 midterm elections, Thiel invested approximately $32 million across multiple campaigns, showcasing his strategy to reshape the party's ideology from within. This financial backing has enabled candidates like J.D. Vance to gain prominence while adhering to populist, nationalism themes. As Thiel continues to cultivate a network of sympathizers, his influence becomes more pronounced, indicating a shift in Republican platforms towards more hardline, technocratic policies.
Peter Thiel isn’t as rich as Elon Musk or as notorious as Steve Bannon. But over the last 10 years he has grown from Silicon Valley’s oddball conservative to an ideological anchor of the Trump era. And, unfortunately for us, he thinks the country would be better off without voting. Bloomberg Businessweek reporter, Max Chafkin, has written a book about Thiel and his mind boggling worldview: The Contrarian. He joins Max to discuss what Thiel wants from the Republican Party, his mentorship of J.D. Vance, and how he's emboldening a huge swath of tech leaders to be openly MAGA.
For a closed-captioned version of this episode, click here. For a transcript of this episode, please email transcripts@crooked.com and include the name of the podcast.
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