PayPal founder Peter Thiel, writing at Cato Unbound:
The 1920s were the last decade in American history during which one could be genuinely optimistic about politics. 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.
And yes, he does go on to propose that the boys’ club build a new clubhouse at sea. Or in space. Or on the Internet. He’s not particular.