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How capitalism needs to change, according to Ray Dalio
May 29, 2020

How capitalism needs to change, according to Ray Dalio

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The founder of the biggest hedge fund has plans to restructure capitalism to better serve more people. And, the White House is out with an executive order to try to remove some legal protections for social media companies.

Segments From this episode

How Trump's executive order would change social media and the internet

by Molly Wood
May 29, 2020
Without the 1996 law Section 230, the internet as we know it would not exist.
The executive order could lead to uncharted territory on the internet, where platforms either over- or under-censor everything.
Brendan Smialowski/AFP via Getty Images
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Reimagining the Economy

Ray Dalio says we need to reform capitalism to make it work for everyone

by David Brancaccio and Daniel Shin
May 29, 2020
"Isn't our objective to work together peacefully and achieve greatness together in a broad way?" Dalio asks.
Dalio says the combination of debt, a large wealth gap and an economic downturn create instability that history has shown leads to extreme conflict.
Kimberly White/Getty Images for TechCrunch
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Music from the episode

For Sure American Football

The team

David Brancaccio Host
Nicole Childers Executive Producer
Victoria Craig Producer, BBC
Stephen Ryan Producer, BBC
Jonathan Frewin Producer, BBC
Daniel Shin Producer
Candace Manriquez Wrenn Producer/Editor
Jay Siebold Engineer
Brian Allison Engineer
Alex Schroeder Digital producer
Meredith Garretson Producer
Rose Conlon Producer
Erika Soderstrom Producer/Director
Coke, Audi and Budweiser will sit out the Super Bowl
Coke, Audi and Budweiser will sit out the Super Bowl
Boston Consulting CEO on the ties between business and politics
Boston Consulting CEO on the ties between business and politics
Biden: Yellen needs a “Hamilton” musical. Dessa: Here you go.
Biden: Yellen needs a “Hamilton” musical. Dessa: Here you go.
The pandemic-induced economic inequality gap is widening
COVID-19
The pandemic-induced economic inequality gap is widening