Sunday, April 7, 2019

Why Capitalism Needs to be Reformed

Billionair Dalio claims we must reform capitalism.

As seen on 60 minutes.

https://economicprinciples.org/Why-and-How-Capitalism-Needs-To-Be-Reformed/?

I think that most capitalists don’t know how to divide the economic pie well and most socialists don’t know how to grow it well, yet we are now at a juncture in which either a) people of different ideological inclinations will work together to skillfully re-engineer the system so that the pie is both divided and grown well or b) we will have great conflict and some form of revolution that will hurt most everyone and will shrink the pie.

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