Tuesday, 31 May 2016

Tech Billionaire Who Funded Gawker Lawsuit Once Lamented Women Getting The Vote


There is not one good side to this Gawker fiasco.

The secretive tech billionaire who recently admitted to funding a lawsuit meant to crush the media company Gawker is known for having some radical opinions. But in an essay published in 2009, he surprised many when he wrote that giving women the right to vote -- by constitutional amendment in 1920 -- was a blow to democracy.

Here's Thiel, writing on Cato Unbound, a blog affiliated with the libertarian think tank:

Since 1920, the vast increase in welfare beneficiaries and the extension of the franchise to women — two constituencies that are notoriously tough for libertarians — have rendered the notion of “capitalist democracy” into an oxymoron.

Thiel is well known in the tech world: he was an early funder of Facebook and sits on its board. His remarks on women earned the billionaire a lot of criticism at the time. That he also seemed to blame Social Security and other New Deal-era benefits for the decline of democracy -- a fairly common conservative and libertarian view -- got less attention. Cont.

Story from - The Huffington Post
Image from - DonkeyHotey
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