My Diagnosis of Why Capitalism Is Now Not Working Well for the Majority of People
Comment of the Day

April 05 2019

Commentary by Eoin Treacy

My Diagnosis of Why Capitalism Is Now Not Working Well for the Majority of People

This report by Ray Dalio for Bridgewater is well worth taking the time to read. It highlights in the clearest terms the conditions that have led to the rise of populism and what that means for economic governance going forward. Here is a section:  

Eoin Treacy's view

A link to the full report is posted in the Subscriber's Area. 

Capitalism trends towards consolidation as the strong overtake the weak. The list of Autonomies I created seven years ago is smaller now because even the largest companies with the biggest global franchises often merge to become even bigger and to capture even more market share. That’s as true of Dow Chemical as it is of Disney or Saudi Aramco.

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