Tag Archives: redistribution

  The West has departed from its traditional beliefs in Christian ethics. Western capitalism has followed the same path, abandoning its Protestant ethic. As a result, capitalism is transformed into an amoral, atheist system of ethics that legalizes selfishness, an economic order in which there are no constraints on selfishness, greed and deceit. The cancelling of the Protestant ethic has …

  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 …