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January 26, 2014 02:25 am GMT

Tech VC Compares Criticism of 1% to Nazi Persecution of Jews

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In a controversial letter, venture capitalist Tom Perkins compares the persecution of Jewish people in Nazi Germany to what he says is the current demonization of society's “one percent.”

Perkins, co-founder of pioneering Silicon Valley venture-capital firm Kleiner Perkins Caufield & Byers, is taking serious heat for his letter, which was published Friday in The Wall Street Journal.

See also: Viral Video Shows the Extent of U.S. Wealth Inequality

Perkin’s missive is brief, but his message is clear right from the outset:

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.” Read more...

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