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Progressive Kristallnacht Coming? Wall Street Journal says be afraid

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"They were obviously father and son, with the same tall, athletic build. They were so handsome that they could have made money modeling, if anyone could afford to hire them. The aura of money seemed to float around them." -- Tom Perkins, 2006, in his novel "Sex and the Single Zillionaire"

Perkins, who in 1972 was a founding partner of Kleiner Perkins Caufield and Byers, a prominent Silicon Valley venture capital partnership, denied that his choice of words implied any anti-semitism:

"This is not the case. My late partner [Eugene Kleiner] was from Austria and fought in the U.S. Army. We became the deepest of friends during our long association, and he taught me "never imagine that the unimaginable cannot become real.' He was never comfortable with the extreme political currents in America. He never took our demonization for granted. He would have understood my letter, and would have agreed."

His former firm, on the other hand, did not agree. Kleiner Perkins tweeted on January 24: "Tom Perkins has not been involved in KPCB in years. We were shocked by his views expressed today in the WSJ [Wall Street Journal] and do not agree." Others echoed this sentiment, as summed up by the New York Times three days later.

One of the harshest and most powerful assessments came from venture capitalist Mark Suster's blog: "This is not a mere gaffe that people won't remember in 3 years. Perkins will forever be associated with greed, insensitivity and lack of historical context. If it were my firm I would rebrand as Kleiner".

"We have too much inequality in our country. It's not just a matter of fairness or morality it's a matter of good economics. Having a highly functional middle class is good policy for long-term economic growth. Having a fair society in which lower income families have a shot at social mobility is essential for our security and well being." 

On Bloomberg TV, Perkins hinted at some agreement with that opinion: "I am friends with [California Governor] Jerry Brown. I voted for him. I will vote for him even though he raised my taxes 30%. He tells me the number one problem in America is inequality. And that's probably and possibly true." 

But Perkins has a different answer to the problem: "It's absurd to demonize the rich". I am your classical self-made man". I think the solution is less interference, lower taxes, let the rich do what the rich do, which is get richer. But along the way, they bring everybody else with them."

The "classical self-made man," with degrees from MIT and Harvard, turns out to be a cliché of conservative pseudo-economics, a pale cliché at that, who echoes Reaganomics but votes for Jerry Brown. 

Here's Tom Perkins' letter in its entirety. Author Daniel Steel is his ex-wife. 

"Progressive Kristallnacht Coming?"

Regarding your editorial  "Censors on Campus"  (Jan. 18): 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."

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. There is outraged public reaction to the Google buses carrying technology workers from the city to the peninsula high-tech companies which employ them. We have outrage over the rising real-estate prices which these "techno geeks" can pay. We have, for example, libelous and cruel attacks in the Chronicle on our number-one celebrity, the author Danielle Steel, alleging that she is a "snob" despite the millions she has spent on our city's homeless and mentally ill over the past decades.

This is a very dangerous drift in our American thinking. Kristallnacht was unthinkable in 1930; is its descendant "progressive" radicalism unthinkable now? 

Reader Supported News is the Publication of Origin for this work. Permission to republish is freely granted with credit and a link back to Reader Supported News.

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Vermonter living in Woodstock: elected to five terms (served 20 years) as side judge (sitting in Superior, Family, and Small Claims Courts); public radio producer, "The Panther Program" -- nationally distributed, three albums (at CD Baby), some (more...)

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Amazing cynicism of  wall St. author Perkins ... by Mark Sashine on Sunday, Feb 2, 2014 at 6:11:44 PM
No doubt Mark. But, don't let that cloud your int... by Paul Repstock on Monday, Feb 3, 2014 at 1:16:12 PM
Loot and pollute is the legacy of the 1% percent. ... by Nelson Betancourt on Monday, Feb 3, 2014 at 8:28:47 AM
I am very much in favor of this,  "... ... by Daniel Geery on Monday, Feb 3, 2014 at 9:28:02 AM
Demons have been identified! Let them be burned. ... by Paul Repstock on Monday, Feb 3, 2014 at 12:59:45 PM
"Demonization destroys the ability to think critic... by Jean Vianne on Wednesday, Feb 5, 2014 at 8:25:26 AM
aw, the rich crooks are whining that they aren't g... by zon moy on Monday, Feb 3, 2014 at 1:11:47 PM
Please present some evidence of Perkin's "Crimina... by Paul Repstock on Monday, Feb 3, 2014 at 1:22:52 PM
you have any doubts that an in depth investigation... by zon moy on Monday, Feb 3, 2014 at 8:56:13 PM
I don't know Mr. Perkins, or any of his associate... by Paul Repstock on Monday, Feb 3, 2014 at 10:40:22 PM
Society doesn't need to kill these parasitic psych... by Joe Giambrone on Monday, Feb 3, 2014 at 3:17:53 PM
The extremely rich should not fear the impotent p... by jon cranor on Monday, Feb 3, 2014 at 3:24:26 PM
As in Germany, the suckers can be molded to being... by Paul Repstock on Monday, Feb 3, 2014 at 7:09:39 PM
i would like to repeat  that deliberately wr... by Mark Sashine on Tuesday, Feb 4, 2014 at 6:00:51 AM
Rules say, "No use of the word zionism." Dange... by Jean Vianne on Tuesday, Feb 4, 2014 at 5:49:46 PM
Perhaps Hitler has some good ideas.  At the ... by jon cranor on Tuesday, Feb 4, 2014 at 8:00:31 PM
With all due respect, folks, I take issue with a d... by Jean Vianne on Tuesday, Feb 4, 2014 at 6:48:15 PM
Who DID have means, motive, and opportunity to set... by Jean Vianne on Tuesday, Feb 4, 2014 at 6:57:09 PM