Peter Thiel: We live in an advanced, technological society which is too sophisticated for a "radical democracy."
Also, Peter Thiel: In spite of all our advanced, technologicalology, we can't handle the complexity of a "radical democracy"

Peter Thiel: "Radical democracy" would require too much planning and bureaucracy, which is not ideal.
Also, Peter Thiel: Your radical democracy COULD NOT POSSIBLY plan and be bureaucratic, and that is not ideal.

It's all in the transcript folks. The definition of diabolical (scattered). Sad. Pathetic.