{"id":66639,"date":"2018-11-14T02:53:27","date_gmt":"2018-11-14T07:53:27","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=66639"},"modified":"2018-11-14T02:53:27","modified_gmt":"2018-11-14T07:53:27","slug":"ray-dalio-says-capitalism-not-working-for-most-people","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/11\/2018\/ray-dalio-says-capitalism-not-working-for-most-people.html","title":{"rendered":"Ray Dalio Says \u2018Capitalism Not Working\u2019 for Most People"},"content":{"rendered":"<p>\n(Barrons) Billionaire hedge fund founder Ray Dalio may not be the first person you would think of as a crusader against capitalism. But at the Summit conference in Los Angeles last week, he questioned the current US economic system. \u201cCapitalism is basically not working for the majority of people,\u201d he said. Dalio has a net worth estimated at $18bn, according to Forbes, largely gained from building and running Bridgewater Associates, the largest and \u2014 by some metrics \u2014 most successful hedge fund in the world. His critique is all the more noteworthy, coming from one of the system\u2019s biggest winners.<\/p>\n<p><a href=\"https:\/\/www.barrons.com\/articles\/billionaire-ray-dialo-says-capitalism-is-not-working-for-most-people-1541780451\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Barrons) Billionaire hedge fund founder Ray Dalio may not be the first person you would think of as a crusader against capitalism. But at the Summit conference in Los Angeles last week, he questioned the current US economic system. \u201cCapitalism [&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-66639","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/66639","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=66639"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/66639\/revisions"}],"predecessor-version":[{"id":66641,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/66639\/revisions\/66641"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=66639"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=66639"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=66639"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}