Katie Kieffer

Thomas James Perkins is a stud. If he weren’t an octogenarian, I’d ask for his hand in marriage because he courageously and eloquently defends free market capitalism.

Perkins is the founder of the Silicon Valley venture capital firm Kleiner Perkins Caufield & Byers (KPCB). He is also the ex-husband of the world’s reigning best-selling author alive: American novelist and San Francisco resident Danielle Steel.

Last week, the Wall Street Journal published a three-paragraph op-ed by Perkins in which he defended free market economics. The liberal media, especially the Silicon Valley tech blogs, went up in arms. HOW could he have the audacity to defend capitalism?!

Perkins basically expressed disappointment in “a rising tide of hatred of the successful,” including his ex-wife Steel. Despite the fact that she had donated millions of dollars to the San Francisco community, Perkins bemoaned that the San Francisco Chronicle continued to libel Steel as a ‘snob.’ He compared the attack against the successful one percent in America to fascist Nazi Germany’s attack on the Jews.

Valley Wag, a Gawker Media gossip blog about Silicon Valley celebrities, called Perkins’s op-ed: “one of the most disgustingly tone deaf statements on class tensions we've ever seen.” Media Bistro was appalled WSJ had the gall to “allow” Perkins to voice his opinion. Salon used imagery to compare Perkins to a villain in the movies. And on and on.

It’s interesting how quick these bloggers were to attack a capitalist. After all, most of them probably idolize one of the biggest free market entrepreneurs of all time: Steve Jobs, the late co-founder of Apple. If they took the time to read Walter Isaacson’s terrific biography of Jobs, they would learn that Jobs was a capitalist, not a socialist.

Perkins has a point. Progressives are looking for a fight; an unreasonable and puerile war against self-made success. Remember how on the 2012 campaign trail, Obama said: “If you’ve been successful, you didn’t get there on your own.” And remember how he said the same thing but in a different way last week during his 2014 State of the Union address?


Katie Kieffer

Katie Kieffer is the author of a new book published by Random House, LET ME BE CLEAR: Barack Obama’s War on Millennials and One Woman’s Case for Hope.” She writes a weekly column for Townhall.com. She also runs KatieKieffer.com.