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Tag: Inequality

The IFS' report makes for troubling reading.

A major new report into rising inequality warned that the growing gap between rich and poor is now a threat to Western democracy

A new study by Sir Angus Deaton for the Institute for Fiscal Studies suggests that widening gaps between rich and poor are

People are pooping more than ever on the streets of San Francisco

In 2011, just over 5,500 reports feces in public were logged by the San Francisco Department of Public Works; in 2018, the number was more than 28,000.
Bridgewater Associates founder Ray Dalio

Why legendary hedge-fund founder Ray Dalio is choosing to explore the sea instead of space like other billionaires

Bridgewater Associates founder Ray Dalio is more interested in ocean exploration than deep space.
"Winners Take All" author Anand Giridharadas.

Looking to billionaires like Ray Dalio to fix inequality is like ‘asking a fox to worry about hen protection,’ says a prominent critic of ...

"Winners Take All" author Anand Giridharadas said we should not be so quick to take advice from a fox on hen protection.
Bridgewater Associates founder Ray Dalio.

Hedge-fund billionaire Ray Dalio says ‘the American dream is lost’

Bridgewater Associates founder Ray Dalio believes capitalism has to be reformed, or else America's stability and strength will drop significantly.
Bridgewater Associates founder Ray Dalio serves as chairman and co-CIO.

Hedge-fund billionaire Ray Dalio says capitalism is failing America, and we need to take 5 specific actions to save it

Bridgewater Associates founder Ray Dalio is afraid that capitalism is going to be abandoned after years of working poorly.

According to wealthy investor Nick Hanauer, the wrong approach to capitalism has been weakening the American Dream for the past 40 years

Investor and progressive activist Nick Hanauer said that neoliberal policies are responsible for increased inequality and decreased mobility.
Nick Hanauer is a founder of Second Ave Partners in Seattle.

Wealthy investor Nick Hanauer says the US economy mints billionaires while many Americans are struggling, and there’s no excuse for it

Seattle-based investor Nick Hanauer believes that the neoliberal policies of the past 40 years have hurt the United States.
Berkshire Hathaway chairman Warren Buffett, Facebook CEO Mark Zuckerberg, and Amazon CEO Jeff Bezos are among the top five richest people in the United States. "The Myth of Capitalism" authors took a look at how America's vast wealth inequality is related to increased market concentration over the past four decades.

Monopolies are the ‘missing piece of the puzzle’ when it comes to analyzing US inequality, investment researchers argue

The authors of "The Myth of Capitalism: Monopolies and the Death of Competition" say that less competitive markets are stifling the middle class.