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Capitalism: Another billionaire wants to reform capitalism
  • Vitaliy_KiselevVitaliy_Kiselev

    The income gap is about as high as ever and the wealth gap is the highest since the late 1930s. Today, the wealth of the top 1% of the population is more than that of the bottom 90% of the population combined, which is the same sort of wealth gap that existed during the 1935-40 period (a period that brought in an era of great internal and external conflicts for most countries). Those in the top 40% now have on average more than 10 times as much wealth as those in the bottom 60%. That is up from six times in 1980.

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    https://www.linkedin.com/pulse/why-how-capitalism-needs-reformed-ray-dalio/

    Thing is, such stuff in current form can't be reformed. As it is same as idea to resurrect and reform the corpse.

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