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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsBillionaire Peter Thiel warns if you 'proletarianize the young people,' don't be surprised they end up communist
PayPal cofounder and Silicon Valley venture capitalist Peter Thiel doubled down on his worries about generational conflict and the future of capitalism after a similar warning he issued in 2020 proved eerily prescient.
After Tuesday nights election victory of democratic socialist Zoran Mamdani as New York Citys mayor, an email Thiel sent five years ago went viral.
In the correspondence to Mark Zuckerberg, Marc Andreessen and others, he warned that When 70% of Millennials say they are pro-socialist, we need to do better than simply dismiss them by saying that they are stupid or entitled or brainwashed; we should try and understand why.
Thiel expanded on those concerns in an interview with the Free Press that was published on Friday, saying strict zoning laws and construction limits have been good for boomers, who have seen their properties appreciate, but they have been terrible for millennials, who are having an extremely hard time buying homes.
https://www.yahoo.com/news/articles/billionaire-peter-thiel-warns-proletarianize-235603611.html
Baitball Blogger
(51,446 posts)Ace Rothstein
(3,369 posts)leftstreet
(38,208 posts)wcmagumba
(5,092 posts)Klarkashton
(4,563 posts)Wasteful spending you too will be a billionaire..
randr
(12,603 posts)that creates enormous wealth out of assets that belong to the people is labeled "communism"
The mining of data is the sole reason for all this wealth. The data that the people generate with their lives.
Tax the wealthy MFs or redistribute the profits.
DBoon
(24,498 posts)We should not be surprised when socialism is increasingly seen as a good thing.
Deuxcents
(24,741 posts)johnnyfins
(3,235 posts)lecture?
Ritabert
(1,809 posts)sinkingfeeling
(56,771 posts)when most under 30 people were wildly liberal and hoped to change the world. More than half of those 'hippie' types turned into conservative voters by the 1990s. As they entered careers, marriages, and gained income and mortgages, their views became more selfish. And just look at the ones who never can have enough money today.
valleyrogue
(2,463 posts)Thiel is all three. He needs to be deported and his assets seized.
drmeow
(5,827 posts)to Gaza or Sudan.
continue to say this...you are so right........I don't know how the asses could be seized.....but deport that guy for sure
haele
(14,845 posts)And sometimes is prefixed with "selfish".
bronxiteforever
(10,952 posts)or anything that would require taxes from South African Thiel. Really these billionaires are high on their own product.
C_U_L8R
(48,521 posts)The fact that they dont understand this very basic human situation only confirms how deeply theyve planted their heads up their own asses. Do they ever wonder if they are wrong? And maybe even realize that they are the bad guys?
ananda
(33,962 posts)instead of greedy psychopaths, we should try
to understand why...
... why those who became greedy psychopaths
lost their humanity.
Kid Berwyn
(22,262 posts)Is how Poppy-n-Babs put it.
keep_left
(3,112 posts)...back in the late '60s or early '70s, when Reagan was governor of CA. To paraphrase: if you send the children of the working class and lower middle class to college (which is pretty much what the postwar GI bill did), you are going to expose them to the entire history of radical thought. If you simultaneously create an oligarchy, a declining economy, an increasingly dog-eat-dog culture, crappy jobs with with few or no benefits, and you promote "leaders" like Maggie Thatcher who pontificate about how "there is no such thing as society" and dictate to the world how it should spin--well, you shouldn't be surprised when you get "leftist" agitators among your youth calling for revolution!
Prairie Gates
(6,797 posts)No shit, buddy.
sop
(16,849 posts)"Proletarianize" simply means to cause a person or group to become working class. Is he afraid that young people becoming part of the working class will suddenly turn them into communists?