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Showing posts from January, 2014

Perkins Paranoia

When Tom Perkins, founder of Kleiner Perkins Caufield & Byers wrote an inflammatory letter to the editor in the Wall Street Journal on January 24th, I wonder if he knew how explosive his letter would be. He should have. We all know that Holocaust references are only made to create a firestorm. Which makes one question the editorial choices of the Wall Street Journal which most likely gets hundreds of letters a day on much more pressing issues than the brief tasteless burst of paranoia that was Mr Perkins letter.

What Mr Perkins feels in terms of hostility towards the ultra rich in America is undeniable. People want to find a target for their economic frustrations and so they find a group to pick on. That is never a good idea as Mr Perkins so inappropriately acknowledged in his short missive. Whether it is immigrants, the wealthy or bankers, making any group the target of hate does not reflect the complexity of the problem nor does it solve it or make us feel better.

However, be su…