Another rich guy says populists are like Nazis

tags: Nazis, Adolf Hitler, wealth, 1 percent




Remember the story about the rich guy comparing left-wing populism to Nazism? It’s happening again, only this time it’s a different rich guy.

It’s Ken Langone, co-founder of Home Depot and financier of the Republican Party. Politico’s Ben White and Maggie Haberman caught up with him, while reporting an article about how the very wealthy see the political landscape—and whether they are worried, as they were before, that liberal arguments about inequality and redistribution were resonating with the public.

“I hope it’s not working,” Ken Langone, the billionaire co-founder of Home Depot and major GOP donor, said of populist political appeals. “Because if you go back to 1933, with different words, this is what Hitler was saying in Germany. You don’t survive as a society if you encourage and thrive on envy or jealousy.”

Langone’s comments — sure to draw ire from those who find such comparisons to Nazi Germany insensitive — echo previous remarks from venture capitalist Tom Perkins, who likened the actions of some in the Occupy Wall Street movement to the Kristallnacht attacks on Jews in 1938. Perkins gave several interviews after the ensuing uproar, but he never really backed away from the comparison. And Langone showed no hesitancy in invoking the Nazis when describing current populist rhetoric....




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