This is how I summarize Peter Thiel's new book from Zero to One

Peter Thiel is busy promoting his new book. He went to Reddit to do the AMA. He excerpted his book in the Wall Street Journal

I don't agree with everything he says in this book excerpt and think he misunderstands economics a bit (for example, he says "So why are economists obsessed with competition as an ideal state?" I don't think that is a right statement.) But his observation on successful entrepreneurs' desire to escape competition is right on. 

So, to correct some of his misunderstandings and summarize his great points, I am going to offer my cheap book excerpt review here:

Capitalists compete to become monopolists.