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Wednesday, 24 April 2019

The kings of capitalism are finally worried about the system that created them | Dominic Rushe

Now that the political debate has shifted, Bridgewater founder Ray Dalio is the latest in a bank of billionaires to talk about the gap between rich and poor

Two years ago on a chilly Saturday in March, some of the least well-off people in Connecticut went on a tour of the homes of the wealthiest. The outing was a protest organized by community groups worried by growing income inequality in a state that is home to some of the world’s richest people. While they never got further than the gates, it seems like someone was listening.

Chanting “El pueblo unido jamás será vencido” (“The people united will never be defeated”), the protesters, sympathetically shepherded by local police, left giant “tax bills” totaling close to $3bn for their billionaire neighbours, including Ray Dalio, Connecticut’s richest man.

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from The Guardian http://bit.ly/2UwANxz

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