Why the rich are better off than ever but still paranoid

Recently, Tom Perkins, one of the world’s wealthiest and most successful Silicon Valley venture capitalists, wrote an oped for the Wall Street Journal comparing the rising critique of income inequality and “the 1%” to Kristallnacht.

Amidst the world-wide critique of this shameful comparison a question has arisen. The rich are arguably better off today (economically, politically, etc.) than they’ve been in a long, long time. So why are they acting (and writing op eds) like they were under attack?

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