Why Peter Thiel Is Decamping to Argentina

Radical idea, hear me out…instead of establishing a base in Argentina “motivated by concerns about the future of the United States”, he could take a tiny portion of his wealth and actually contribute to building the right future for the United States.

I’m curious where all this is going. I’m not not a capitalist, and dispassionately see value in entrepreneurs / titans of industry, but when billionaires are actively talking about abandoning the social contract, and 7 giant corporations own like half the S&P 500.

Moderation in all things, and I’m starting to think that maybe alienating your billionaires isn’t the worst thing in the world, particularly when those billionaires demonize competition, and seem to have their primary criteria of an alternative home being, having the least limits possible, not a place for mutual exchange.

I’m reading a biography of JD Rockefeller, and it’s amazing how different the ethical and legal business environment was back then. Maybe a way to put this is it’s interesting the debate doesn’t seem to change in society (capitalism good! Billionaires good!) long after multiple underlying conditions have changed.

Social experiment: What would happen if you gave the local homeless billions of dollars and adderall?

Who can blame him, 1000's of Americans are looking for a plan b, it's good to have options especially for younger folks who have their entire lives ahead of them. If you can acquire citizenship in Canada or the EU, why not....

Bottom line: Most billionaires are mainly focused on *their* own interests --- not the country's interests, not society's interests and most definitely not your interests.

Instead of using the wealth Theil has accumulated to benefit the society that benefited him and made him wealthy, he is taking his marbles and moving to a new home.