The World According to Thiel

Uncommon Knowledge

Hoover Institution

Politics, History, News:politics, Science, News

4.8 • 1.9K Ratings

🗓️ 11 February 2020

⏱️ 36 minutes

🔗️ Recording | iTunes | RSS

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Summary

Recorded on January 17, 2020 Peter Thiel, the cofounder of PayPal and Palantir; early investor in Facebook, LinkedIn, and SpaceX; and the founder of the Thiel Fellowship, which encourages young people to drop out of college to start their own businesses, is interviewed live on stage in front of the members of the Mont Pelerin Society. This wide-ranging conversation covers globalization, the continuing and ever-growing threat from China and what the United States can and can’t do it about, what the rise of Bernie Sanders means for the future of US capitalism, the “derangement” (Thiel’s phrase) of Silicon Valley in the last decade, the scourge of political correctness on campuses and in society at large, and why Thiel thinks we should rethink the doctrine of American exceptionalism.

Transcript

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0:00.0	Welcome to Uncommon Knowledge, I'm Peter Robinson. My guest today, the investor and
0:13.2	philanthropist and possessor of an unusually interesting mind, Peter
0:17.9	Teal. You'll notice that Peter Teal and I are having our conversation in front of
0:22.0	an audience.
0:22.8	This is a meeting of the Mont Pelerin Society,
0:25.4	the organization founded in 1947
0:27.6	that brings together Nobel laureates and government officials
0:30.6	and investors such as Peter himself to discuss economics and the state of the world.
0:35.4	And when it comes to the state of the world as you will see Peter Teal has opinions.
0:40.2	We discuss China and the United States under Donald Trump and his own world, Silicon Valley, which he talks about as, this is his word, deranged.
0:51.0	Uncommon Knowledge with Peter Teal.
0:55.5	Born in Germany, Peter Teal moved to the United States
0:58.7	with his family when he was a child.
1:00.9	He graduated from Stanford and then from Stanford law school and after deciding not to practice
1:07.5	law, he co-founded PayPal and Palantier, made the first outside investment in Facebook, funded companies such as SpaceX
1:16.1	and LinkedIn, and started the Teal Fellowship, which encourages young people to drop out of college
1:22.1	to start their own businesses.
1:23.7	Mr. Teal remains a very active tech investor now based in Los Angeles.
1:33.7	Ladies and gentlemen, Peter Teal.
1:36.1	China. China, the late economist and foreign policy analyst,
1:47.0	Hoover fellow Harry Rowan writing in 1996,
1:49.7	quote, when will China become a democracy? The answer is around the year 2015. This
	...

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