Hedge-fund billionaire Ray Dalio says capitalism is failing America

Re:Hedge-fund billionaire Ray Dalio says capitalism is faili... by maxkwallace on Friday April 05, 2019 @10:54AM (#19583121)

If you flip it around, it I think it's also entirely reasonable that many of these people only feel like they can criticize things after they've made their money. Or they know we wouldn't listen to them beforehand.

I'm not sure what you're criticizing but Dalio's post is explicitly about economic mobility, i.e. reducing barriers preventing more people from getting rich in the future.

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Re:Hedge-fund billionaire Ray Dalio says capitalism is faili... by toomuchtodo on Friday April 05, 2019 @11:33AM (#19583528)

Then Dalio should put his money where his mouth is and support political candidates who champion public policy that mitigate the inequality issues he draws attention to.

Talk is cheap.

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Re:Hedge-fund billionaire Ray Dalio says capitalism is faili... by m4r35n357 on Friday April 05, 2019 @12:09PM (#19583908)

So freedom of speech is bad and political bribery is good?

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Re:Hedge-fund billionaire Ray Dalio says capitalism is faili... by toomuchtodo on Friday April 05, 2019 @12:46PM (#19584400)

Campaign contributions are speech. Saying one thing while doing the opposite is fraud.

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Re:Hedge-fund billionaire Ray Dalio says capitalism is faili... by rchaud on Friday April 05, 2019 @03:22PM (#19586086)

Nobody positioned this as a 'freedom of speech' issue, except you. He's entitled to his words. The public is entitled to see said words as the hypocritical doublespeak they are.

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Re:Hedge-fund billionaire Ray Dalio says capitalism is faili... by engineerworks on Friday April 05, 2019 @12:34PM (#19584237)

And many don't want these changes because they also want to make money before things change. This is one reason such change is not going to happen any sooner unless money stops mattering anymore.

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