Thomas Perkins penned a short letter to the Wall Street Journal which sparked a fire storm among both the larger public and major thought leaders from liberals to conservatives alike from socioeconomic perspectives.
I certainly agree with the view that Mr. Perkins comments drawing a comparison to the the Nazi regime in Kristallnacht to the present day attempt to marginalize the wealthy in the United States. Drawing some parallels as Perkins described between Germany’s 1% the Jews and now America’s 1% the rich.
Although I feel drawing such a parallel is misguided and regrettable, I think this subject is worthy of a broader conversation. Why? Because the basic premise that if you work hard and create value in free markets, you can earn the right to create wealth and live well in America. For me this is a non-negotiable tenet of our founding fathers.
Being an entrepreneur and a coach to entrepreneurs I clearly believe in the power of free markets and associated rewards. Being a conscious entrepreneur instills in me the compassion required to see the issues with an understanding of both perspectives.