Peter Thiel has a very different worldview from you. Essentially he believes that the US should have an industrial policy, but that it should be run by someone like Vannevar Bush in the same manner that he ran the Office of Scientific Research and Development during WW2. So not a command economy or an autocracy, exactly, but with maximal autonomy and minimal external accountability. It's understandable to be hostile to bureaucracy in general, but my impression is that Thiel strongly believes in the 'noble lie' and considers that the public doesn't really know where its own interests lie.

This is based on a presentation he gave at a private event some years ago. I have a lot of respect for Thiel's intellect but have some fundamental differences with his values. Anyway, don't fall into the trap of assuming that because some of your opinions/outlook are aligned with his, that you're necessarily on the same page overall.