January 27, 2014
A hyper-wealthy billionaire venture capitalist has faced ridicule after comparing the treatment of super-rich Americans to the Holocaust.
Thomas Perkins, who is thought to be worth around $8bn, made the startling comparison in a letter to The Wall Street Journal in which he wrote of ‘parallels’ between the treatment of Jews in Nazi Germany and what he describes as the “progressive war on the American one percent”.
The letter, which was published by the WSJ earlier this week, begins: “Writing from the epicenter of progressive thought, San Francisco, I would call attention to the parallels of fascist Nazi Germany to its war on its “one percent,” namely its Jews, to the progressive war on the American one percent, namely the “rich.”
Perkins, who was a founder member of the venture capital firm Kleiner Perkins Caulfield & Byers, continues: “From the Occupy movement to the demonization of the rich embedded in virtually every word of our local newspaper, the San Francisco Chronicle, I perceive a rising tide of hatred of the successful one percent.”
This article was posted: Monday, January 27, 2014 at 6:55 am