Ray Dalio: "Capitalism isn't working"

Ray Dalio



Capitalism does not work

Ray Dalio: I want people to have the same resources that I had at the time.

Capitalism needs to be reformed. I am a capitalist. I am a professional capitalist. The system works for me. I had nothing, then I had through the capitalist system.

Capitalism means the ability to save and invest in capital markets and private businesses, and I support all of this.

So, the issue is an equal opportunity, or else the American dream.

If you look at the results, the results of most people, the lowest 60% of the population - does this work for them? What are the incomes, where are the equal opportunities.

This leads to a terrible division in our country and we will have more problems with the penetration of technology that will calmly replace the human workforce in the lower classes of the working class in a few years' time. If we do not go back and do not ask how we can reform all of this, we have a big problem.

I see myself as a by-product of capitalism when it also gave equal opportunities. I was very happy to live the American dream, having proper care and appropriate state school education.

Since then, a number of things have changed. Capitalism works to make profit, and the motivation of profit is to strengthen the system. You contribute and, as a result, things get better.
We have millions of dollars poured into prisons. If only the majority of these people had better education, if only the system worked better, they would not be closed and there would not be so much money invested in these prisons in the first place.

This is just one example. There is much more.

I'm not saying that capitalism is a bad thing. On the contrary, it just needs to be reformed to offer the same opportunities as it once did. Thus, everyone will be able to benefit from it, not just the population.

 Trader Aleksandar Kumanov

Read more:

If you think, we can improve that section,
please comment. Your oppinion is imortant for us.
WARNING: Any news, opinions, research, data or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. Varchev Finance Ltd. expressly disclaims any liability for any lost principal or profits which may arise directly or indirectly from the use of or reliance on such information. Varchev Finance Ltd. may provide information, quotes, references and links to or from other sites and blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the sites, blogs or other sources of information.
Varchev Finance


25 Canada Square, Level 33, office 50, Canary Wharf London, E14 5LQ +44 20 3608 6256

Universal numbers

World Financial Markets - 0700 17 600    Varchev Exchange - 0700 115 44

Varchev Finance Ltd is registered in the FCA (FINANCIAL CONDUCT AUTHORITY) with a passport in the United Kingdom: FCA, United Kingdom - registration number: 494 045, which allows provision of financial services in the United Kingdom.

Varchev Finance Ltd strictly comply with the statutes of the European directive MiFID (Markets in Financial Instruments). targeting increased efficiency, transparency and uniformity of financial instruments.
Varchev Finance Ltd is authorized and regulated by the Financial Supervision Commission - Sofia, Bulgaria: License number RG-03-02-05 / 15.03.2006

The information on this site is not intended for distribution or use by any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.


CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63,41% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

chat with dealer
chat with dealer
Cookies policy