Rich Idiot Warns of Progressive Kristallnacht

A blog about business and economics.
Jan. 25 2014 11:38 AM

Top VC Says Progressive Taxes Are Like Genocide

People are sometimes too eager to take umbrage at Nazi analogies—sometimes you just want to mention a historical event that people recognize. But here comes Tom Perkins, rich venture capitalist and founding partner of Kleiner Perkins Caufield & Byers, really just coming out and saying that asking him to pay higher taxes is like genocidal anti-Jewish rioting orchestrated by Hitler:

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 descendent "progressive" radicalism unthinkable now?
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That's in a letter to the editor at the Wall Street Journal and it certainly proves you can get rich without being very thoughtful, perceptive, or intelligent.

Matthew Yglesias is the executive editor of Vox and author of The Rent Is Too Damn High.

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