capitalism
capitalism
Out of context: Reply #283
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Nice to see one of Wall Street's most successful standing up to the growing inequality problems in America. Even better is the $100million of his own money he's donating to Connecticut public education.
It's rather hilarious when we hear people trying to defend "capitalism" as meaning "more gov" or even more pathetic, "lazy folk talk". Try a little harder, please.
Dalio makes perfect sense, but, sadly, logic doesn't seem to be a prerequisite for any discussions about the wellbeing of America's citizens.
- Currently the USA has 1 million more available jobs than workers, so we haven't peaked...robotron3k
- There's the education gap we have. Thankfully people like Dalio are putting their money to their values vs. the current admin cutting everything they possiblyformed
- can that benefits average American's.formed
- Vocational education also badly needed.robotron3k
- How many of those 1 million available jobs are part-time, and or offer no to little benefits?utopian
- he actually didn't say anything of value...deathboy
- everything was conjecture. this article was more than likely written by a bot, or someone who will soon be replaced by onedeathboy
- first of all for your well being of america's citizens how do you think fed interests rates have helped them?deathboy
- has our monetary policy of 2% inflation and low interest rates done anything but help create an wealth gap? despite intentionsdeathboy
- I guess you just want to ignore reality then and choose to not care about the point of the article. No surprise.formed
- I said he said nothing of value. Not ignoring reality. That is the reality. Perhaps your understanding is different and would like to explain wha you took fromdeathboy
- the article. I have a feeling you took the "feeling" it was targeted and created for. Hit enough triggers to be spread.deathboy
- But prove me wrong. Show me you didn't get baited by your prejudices being gamed.deathboy
- I don't get the confusion. It's pretty simple: Wall Street tycoon, arguably a poster child for capitalism, says "capitalism is not working, it must 'evolve orformed
- or die." Further, that both extremes are bad and people must work together to fix the wealth divide. It's not that complicated.formed
- The significance is who said it. Basically the opposite of what Dimon just said. It's pretty important when you have WS titan's pushing for wealth change.formed
- no its not. just shows their positionsdeathboy
- think he'd lose willingly lose money to support his position?deathboy
- and no reason just conjecture on capitalism. this is where i believe you got hung up on the click bait supporting what you prefer to believedeathboy
- I'd love for you to explain in your own words how capitalism has benefited only a single party. wealth aside its like a remora, in mutual benefitdeathboy
- it is simply a a process of trading value with others freely outside regulation and to mutual benefit of both partiesdeathboy
- that is capitalism, or definition of it. maybe you think it means something elsedeathboy
- But be wary of these guys double speak. Tigers don't change stripes and just means they're positioning next targets to fleece.deathboy