Widening income inequality and under-investment in public education 'pose a...
FILE PHOTO: Bridgewater Associates Chairman Ray Dalio attends the China Development Forum in Beijing, China March 23, 2019. REUTERS/Thomas Peter
Dalio, who Forbes lists as the 57th-richest person in the world with an estimated fortune of $18.4 billion from founding hedge fund giant Bridgewater Associates, released a report Thursday in which he spells out the ways he sees capitalism as failing in the United States. In the report, Dalio advocates for an increase in investments in early childhood education, per-pupil spending, infrastructure, and public health measures in order to save it.
“To me, leaving so many children in poverty and not educating them well is the equivalent of child abuse, and it is economically stupid,” Dalio wrote.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Hedge fund billionaire Ray Dalio: Meditation is ‘the single most important reason' for my success'Transcendental Meditation has probably been the single most important reason for whatever success I've had,' Ray Dalio says. via CNBCMakeIt
Read more »
Finding Success In Failure: Lessons From Ray DalioRay Dalio approached his life and work in a methodical way. It was his unique and unconventional approach that led to much of his professional success.
Read more »
Democratic Rep. Ben Ray Lujan will run for Senate in New Mexico to replace retiring UdallLujan, who has served in the House since 2009, led the Democratic Congressional Campaign Committee last year as his party gained a majority in the chamber.
Read more »
New York teacher, fired for a years-old topless selfie, claims sex discrimination in $3M lawsuitLauren Miranda says she was wrongly fired from her job as a Long Island teacher over an old topless selfie.
Read more »
POLITICO Playbook PM: Nadler cocks the subpoena triggerJerry Nadler is getting ready to compel Attorney General William Barr to release special counsel Robert Mueller’s nearly report in full, a move that would set off a legal battle between the Trump administration and Hill Democrats. More in Playbook PM:
Read more »
4th ranked House leader seeks US Senate seat in New MexicoSANTA FE, N.M. (AP) — U.S. Rep. Ben Ray Luján — the No. 4 ranked Democrat in Congress — announced his campaign Monday for the state's open U.S. Senate seat in 2020.
Read more »