Peter Thiel Quotes

With capitalism and prosperity came something new: the idea of progress. This is the notion that things are getting better and will continue to get better in the future.

We are racing toward a world of abundance, and we are going to be increasing the quality of life for everyone on this planet. The world's biggest problems are the world's biggest business opportunities.

We all know that China is industrializing at a growth rate of 8 to 10 percent per year. China is on track to pass the U.S. as the largest economy in the world in 20 to 25 years, and China is determined to give its people a chance at this high standard of living that we enjoy.

In my fifty years of experience and memory, I have seen the most amazing increase in the standard of living of a people ever achieved anywhere in the world. This is why I am so sure that our system of free competition and industrial development is sound and must be preserved.

More people in more countries, both developing and developed, have experienced larger increases in living standards than in any prior fifty year period.

We adapt to technological progress by raising our minimum standards of living and working to stay above this rising threshold.

The ancient bitter opposition to improved methods [of production] on the ancient theory that it more than temporarily deprives men of employment... has no place in the gospel of American progress.

You know, whatever it takes. It's very important obviously from an economic point of view because of the need for innovation, for progress, to improve the standard of living of people. But I also think it's a critical issue in geopolitics too.

The characteristic mark of economic history under capitalism is unceasing economic progress, a steady increase in the quantity of capital goods available, and a continuous trend toward an improvement in the general standard of living.

Technology and capitalism are very much linked. I think that capitalism probably works best in a technologically progressing society.

Before information age, living standards basically were flat. Since then, they've been growing 2 percent a year were about 30 times richer. So technology, machines is really, you know, arguably the most important thing that's happened to humanity in terms of our living standards. You could look to the introduction of digital computers in the 1950s.

I think that we live in a highly specialized, technologically advanced society. Highly developed societies tend to have very remote understandings about what underlies our prosperity.

You pay more in wages, get more in in tax, you get people living a higher standard, you get more money. It's a kind of circle.

America has the highest standard of living of any major country in the entire world. To maintain and enhance that standard of living, America should continue to embrace those qualities which have made America great: openness and dynamism. Openness to new technologies, new ideas and new people is America's greatest source of strength.

We know that, when it comes to technology and the economy, if you're not constantly moving forward, then - without a doubt - you're moving backwards.

A successful society is characterized by a rising living standard for its population, increasing investment in factories and basic infrastructure, and the generation of additional surplus, which is invested in generating new discoveries in science and technology.

By increasing productivity and becoming more competitive, we will be able to offer better opportunities and improve the standard of living for all Mexicans.

If you go back to 1800, everybody was poor. I mean everybody. The Industrial Revolution kicked in, and a lot of countries benefited, but by no means everyone.

To me, part of the magic of this era is that the very same innovations, discoveries, and technologies that are allowing us to live longer, healthier lives are also creating a healthier economy.

People want development. Not everyone knows what it means. Same as jobs. Not everyone knows what a job is, but people want jobs.

That the way to achieve higher standards of living for all is through science and technology, taking advantage of better tools, methods and organization.

Once we started to urbanize, we put ourselves on this treadmill. We traded away stability for growth. And growth requires change.

Economic advance is not the same thing as human progress.

Civilization and profits go hand in hand.

Economic developments made modern democracy possible.