Peter Thiel is correct on the fall from grace of what he calls the "left wing philanthropy world."
Joe Rogan: What about these left-wing philanthropy ventures do you think is uniquely corrupt?
Peter Thiel: ..maybe it's just my hermeneutic of suspicion, but there's something about the virtue signaling and what does it mean. And I always think this is sort of a America versus Europe difference, where in America we're told that philanthropy is something a good person does.
And you know, if you're a Rockefeller or you start giving away all your money, this is just what a good person does and it shows how good you are. And then I think sort of the European intuition on it is something like, you know, wow, that's only something a very evil person does. And if you start giving away all your money in Europe, it's like, Joe, you must have murdered somebody or you must be covering up for something.
So there are these two very different intuitions and I think the European one is more correct than the American one. And probably there's some history where, you know, the sort of left-wing philanthropy peaked in 2007, 2010, 2012, and there's these subtle ways, you know, we've become, you know, more European in our sensibilities as a society. And so it has this very different valence from what it did 12 or 14 years ago.
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