Ray Dalio says boosting productivity is key to reforming capitalism - Business Insider

I went in wanting to see what he thought of these developments, as well as issues that Democratic frontrunners like Senators Bernie Sanders and Elizabeth Warren have been championing. When I asked what he thought about increasing wage inequality over the last four decades, Dalio jumped in. "You keep focusing on measures of inequality, as though those themselves…," he said, trailing off.

When Dalio talks about reforming capitalism, he's talking about any policies and regulations optimized to reversing this trend.Since the financial crisis, Dalio has been studying other debt crises, the rise and fall of great powers, populism, and polarization. He told me that he's giving the US five years before economic and social upheaval, akin to what it saw during the lead-up to WWII in the 1930s, hits it.

Dalio sees everything in life, from nations' economies to person-to-person interactions, as composed of systems. These systems produce patterns that usually repeat, regardless of context. If you can recognize these patterns, you can then respond in the way that historically has yielded the best result.

RayDalio

RayDalio How about reinstating GlassSteagell ? 🏦 TortReform ? CampaignFinanceReform ? or just wait 20 yrs for the boomers to go ☠️👹

RayDalio capitalism is a depleted experiment...basic salaries for every citizen need to be adopted...growing human population need to be checked...big companies need to be broken down and every citizen made a shareholder through a peoples govt regulation...

RayDalio Nah! It's MORE Fed CASH!!!! 💰🚁

RayDalio US's answer to every bad situation is war on Muslim countries

RayDalio I trust this guy, a lot.

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