From at least the 1830s to the 1940s (fully) and then from that point until the 1970s (partially, but still mostly in some of the most key ways), the USA did not just have federalism in the political sphere, part and parcel with that (and necessarily so) it had it in the economic sphere as well. We have a concentration of political and economic power, if we didnt have that then a great many plans could emerge all across the country, just like they did before and just like they have in China from some point in the 1980s until recently (Xi et al are trying to economically and politically centralize the country).
Even if we look at just banking and finance, they system made manifest under the reign of the Jacksonians did not end in 1913, it mostly ended through a set of identifiable actions that verifiably occurred during the 1970s.
Also, or hundreds of years, we used to have very different parties that formed the basis of imperfect but genuinely democratic governance structures. The USA used to have two parties that were decentralized and publicly accessible, mass-member parties. Now, they’re centralized and publicly inaccessible, exclusionary membership parties.
We haven't actually fully been a democracy as it was understood -- a politically and economically decentralized system with quite imperfect yet still genuinely democratic governance structures -- for the first two hundred years of our existence (and as Thiel himself as noted, during which time we were far more scientifically innovative) since the 1970s.
Re-decentralization could create far more industry, far more firms, far more opportunity, far more science and engineering, etc., etc.
From at least the 1830s to the 1940s (fully) and then from that point until the 1970s (partially, but still mostly in some of the most key ways), the USA did not just have federalism in the political sphere, part and parcel with that (and necessarily so) it had it in the economic sphere as well. We have a concentration of political and economic power, if we didnt have that then a great many plans could emerge all across the country, just like they did before and just like they have in China from some point in the 1980s until recently (Xi et al are trying to economically and politically centralize the country).
Even if we look at just banking and finance, they system made manifest under the reign of the Jacksonians did not end in 1913, it mostly ended through a set of identifiable actions that verifiably occurred during the 1970s.
Also, or hundreds of years, we used to have very different parties that formed the basis of imperfect but genuinely democratic governance structures. The USA used to have two parties that were decentralized and publicly accessible, mass-member parties. Now, they’re centralized and publicly inaccessible, exclusionary membership parties.
We haven't actually fully been a democracy as it was understood -- a politically and economically decentralized system with quite imperfect yet still genuinely democratic governance structures -- for the first two hundred years of our existence (and as Thiel himself as noted, during which time we were far more scientifically innovative) since the 1970s.
Re-decentralization could create far more industry, far more firms, far more opportunity, far more science and engineering, etc., etc.