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Capitalism is failing us all...

By Muhammed Yesilhark  Billionaire Ray Dalio, manager of the...

Capitalism is failing us all ; Could Islamic economics be the answer?

By Muhammed Yesilhark  Billionaire Ray Dalio, manager of the world's largest hedge fund Bridgewater, recently shocked the world when he announced that "capitalism is failing" and that a "revolution" is coming. There is no denying that global inequality is at unsustainable levels, and that interest-based economies are no longer fit for purpose (in many countries interest rates are too low to incentivise saving at all). I believe that Islamic economics, with its 2.5% zakat wealth tax (and much lower taxes in other areas) might give us a clue on how to eliminate the...

Capitalism is failing...

By Muhammed Yesilhark  Billionaire Ray Dalio, manager of the world's largest hedge fund Bridgewater, recently shocked the world when he announced that "capitalism is failing" and...
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