Earlier quoted context omitted.
I don't think he's a traditional American libertarian. If you read his book Zero To One, he states that he thinks a fundamental truth that most people don't realize is that improving technology is more important than globalization for the human race, which is fine, but that leads him to the conclusion that things like welfare and tax increases are an abomination holding back progress, which makes him against both. I…
That's a little bit of an oversimplification. Thiel thinks that globalization of development without massive technological advancement will lead to a kind of slow Malthusian catastrophe since current technology (fossil fuel energy systems, slow transit, inefficient power grids, etc.) cannot possibly support the entire human race at a modern developed world standard of living. I don't agree with everything Peter think…
And yet he pretends to lack the sense to realize that there's nothing you can do about that! Globalism is the inevitable result of the capitalism and free markets which Theil purports to champion.
He wants to have his cake (freedom from coercion) and eat it too (the ability to coerce others). It's a perversion of libertarianism that's purely greedy and unprincipled to its core.
I think Theil knows this and thinks he's playing a masterful game of chess against us (the rest of the world).