Ray Dalio Wants To Reform A Capitalism That Doesn't Exist

Ray Dalio Wants To Reform A Capitalism That Doesn't Exist

https://www.youtube.com/watch?v=H59Kfsk3Axg

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Capitalism created the greatest prosperity that the world had ever seen in early-America. But by the late 1800's, a litany of American presidents declared that the age of "laissez-faire" was over. Government would intervene into every corner of life. And..ever since...it has! The horrendous consequences of this are apparent to everyone. But there are now some people who are trying to shift the blame. They're trying to blame "Capitalism" for the consequences of an over-bearing government.

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So Brian? Was this when Meritocracy ended in this country?

Dalio is a CFR member. :cool:

"And this needs to be cleared up before people buy an even worse idea from this"

"Authoritarian redistribution".

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Originally Posted by timosman

Dalio is a CFR member. :cool:

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He's wrong...

Got to love Ron... You can hear on the mic he is biting at the bit to jump and express his next words. :)

Ray Dalio == Bernie Madoff

Thank you Brian... Timely and well aimed.