{"id":64158,"date":"2018-06-13T01:04:54","date_gmt":"2018-06-13T05:04:54","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=64158"},"modified":"2018-06-15T02:03:55","modified_gmt":"2018-06-15T06:03:55","slug":"capitalism-may-need-modernizing-says-billionaire-hedge-fund-manager-paul-tudor-jones","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/06\/2018\/capitalism-may-need-modernizing-says-billionaire-hedge-fund-manager-paul-tudor-jones.html","title":{"rendered":"Capitalism May Need Modernizing,&#8217; Says Billionaire Hedge Fund Manager Paul Tudor Jones"},"content":{"rendered":"<p>\n(CNBC) Today&#8217;s definition of capitalism needs an overhaul because of income inequality, billionaire hedge fund manager Paul Tudor Jones tells CNBC.&#8221;Capitalism may need modernizing,&#8221; the reclusive trader says. Jones points to economist Milton Friedman&#8217;s nearly 50-year-old definition that the &#8220;social responsibility of a company is to improve its profits,&#8221; which he says was relevant at the time but &#8220;today, it&#8217;s a different deal.&#8221;<\/p>\n<p><a href=\"https:\/\/www.cnbc.com\/2018\/06\/12\/capitalism-may-need-modernizing-says-billionaire-hedge-fund-manager-paul-tudor-jones.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Today&#8217;s definition of capitalism needs an overhaul because of income inequality, billionaire hedge fund manager Paul Tudor Jones tells CNBC.&#8221;Capitalism may need modernizing,&#8221; the reclusive trader says. Jones points to economist Milton Friedman&#8217;s nearly 50-year-old definition that the &#8220;social [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-64158","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/64158","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=64158"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/64158\/revisions"}],"predecessor-version":[{"id":64159,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/64158\/revisions\/64159"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=64158"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=64158"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=64158"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}