The wealth gap is at the highest since the late 1930s and the founder of Bridgewater Associates, the largest hedge fund, Ray Dalio calls for reforming capitalism, arguing that if the US does not redistribute wealth and opportunity, the country’s existence as a stable global power is threatened, writes Business Insider. He said the US needs leadership that will declare inequality …
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Hedgefund manager Ray Dalio’s analysis, U.S. needs redistribution
I was educated by Ray Dalio’s recent publication of Why and How Capitalism Needs to Be Reformed (Parts 1 & 2), an earnest and learned exposition I would not have noticed were it not for Zero Hedge, which continues to offer a brilliant potpourri of useful daily insights. These two posts alerted me to Ray Dalio’s manifesto: In brief, this patriotic …
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