Quote of the day by Peter Thiel: I no longer believe that freedom and democracy are compatible

Peter Thiel once wrote that he "no longer believes freedom and democracy are compatible"—a line from his 2009 Cato Institute essay that still defines the tech billionaire's politics. Here's what the PayPal co-founder and Facebook investor actually meant, the reasoning behind his break with democratic politics, and why the quote keeps resurfacing as tech leaders gain influence over public life today.

Quote of the day by Peter Thiel: I no longer believe that freedom and democracy are compatible
Peter Thiel once wrote that he "no longer believes freedom and democracy are compatible"—a line from his 2009 Cato Institute essay that still defines the tech billionaire's politics. Here's what the PayPal co-founder and Facebook investor actually meant, the reasoning behind his break with democratic politics, and why the quote keeps resurfacing as tech leaders gain influence over public life today.