May 29, 2020

How capitalism needs to change, according to Ray Dalio

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

Victoria Craig Host, BBC

Stephen Ryan Producer, BBC

Jonathan Frewin Producer, BBC

Daniel Shin Producer

Jay Siebold Technical Director

Brian Allison Engineer

Meredith Garretson Producer

Erika Soderstrom Producer

Rose Conlon Producer

Alex Schroeder Producer

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