Description: With just over $18 billion to his name, capitalism has been good to Ray Dalio: He started his hedge fund, Bridgewater Associates, out of a two-bedroom New York City apartment in 1975 and it now manages $160 billion in assets and is the largest hedge fund in the world, according to Forbes.
Source: CNBC.com – video report
Date: Jan 16, 2019
Questions for discussion:
- What does the article say is failing in capitalism?
- How does this compare to textbook discussion about different economic systems?
- How can the limitations of capitalism be corrected, in your opinion?