Bridgewater hedge fund founder Ray Dalio suggests that the current state of U.S. capitalism poses an existential threat for many Americans.

Daphne Basel

2019-04-25 09:35:00 Thu ET

Bridgewater hedge fund founder Ray Dalio suggests that the current state of U.S. capitalism poses an existential threat for many Americans. Dalio deems the current levels of U.S. economic inequality a national emergency that requires a complete reformation of capitalism in America. The Pareto power law shows that the upper echelon of top 20% income earners accounts for 80% of economic wealth in most U.S. states. The rich can transfer their economic advantages from one generation to the next through elite education, political clout, and family ownership and control of public corporations. This hereditary wealth concentration persists over decades.

Firms need to fill the skill gap in talent retention; workers earn stagnant real wages over years; consumers face fewer choices in terms of products and services; and financial intermediaries encounter a mismatch between savers and profitable stock market investments. It is important for policymakers to help enhance the financial literacy, freedom, and inclusion of the general public. Americans, immigrants, and foreigners can learn more about stock market news and memes, proprietary alpha signals, economic trends, and investment tips on our AYA fintech network platform. These endeavors help abate the existential threat that U.S. capitalism poses for many Americans.

 


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Treasury Secretary Steve Mnuchin indicates that the Trump team puts the trade war with China on hold.

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Treasury Secretary Steve Mnuchin indicates that the Trump team puts the trade war with China on hold.

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Better corporate governance through worldwide convergence toward Berle-Means stock ownership dispersion

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Michael Bloomberg criticizes that the Trump administration's tax reform is a trillion dollar blunder.

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Michael Bloomberg, former NYC mayor and media entrepreneur, criticizes that the Trump administration's tax reform is a trillion dollar blunder because i

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It can be practical for the U.S. to impose the 2% Warren wealth tax on the rich.

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Uber's autonomous car causes the first known pedestrian fatality from a driverless vehicle.

Daphne Basel

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Public sentiment turns quite a bit against Facebook in light of the public issues around fake news.

Apple Boston

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Public sentiment turns quite a bit against Facebook in light of the public issues around fake news.

Sean Parker, Napster founder and a former investor in Facebook, has become a "conscientious objector" on Facebook. Parker says Facebook explo

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