Founder of Largest Hedge Fund Wants to Reform Capitalism

But is it capitalism or crony capitalism and will more top/down elitist solutions actually help?

(From The Co-Chief Investment Officer & Co-Chairman of Bridgewater Associates, L.P., Ray Dalio)

In addition to social and economic bad consequences, the income/wealth/opportunity gap is leading to dangerous social and political divisions that threaten our cohesive fabric and capitalism itself.

I believe that, as a principle, if there is a very big gap in the economic conditions of people who share a budget and there is an economic downturn, there is a high risk of bad conflict.

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