Eric Schatzker, Ray Dalio Sounds a New Alarm on Capitalism’s Flaws, Warns of Revolution In 2017, the hedge fund manager was the first to raise the alert about the US “two economies” syndrome. In a new report (available in the article), he warns that some deep flaws in American capitalism have created destructive and self-reinforcing gaps in education, social mobility, assets and income that could result in another revolution. In his opinion, treating the wealth and income gap should be seen as a national emergency. He offers some solutions (reads in 4-5 min, the report itself in less than an hour).
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