Paul Tudor Jones Warns Disastrous “Wealth Disparity” Will End In “Revolution, Taxes, Or War”

Saturday, October 7, 2017
By Paul Martin

by Tyler Durden
ZeroHedge.com
Oct 7, 2017

Having previously warned of the “disastrous market mania,” and told Janet Yellen to “be terrified” in April, legendary trader Paul Tudor Jones has a new message for CEOs, urging them to stop embracing the profit-above-all-else ethic creating massive wealth-inequality, or face the “tearing down of our civilization via war, revolution, or taxes.”

“One of the key things that always ends up tearing down great civilizations and countries is wealth disparity. It’s not sustainable,” explained the billionaire hedge fund manager at the Forbes Under 30 Summit in Boston, telling corporate chiefs that they have gone too far in embracing economist Milton Friedman’s profit-above-all-else ethic and they need to change how they do business.

Corporations have paid too much attention to prioritizing shareholders, said Jones, who’s backing a nonprofit called JUST Capital that will rank companies on how well they treat their employees, consumers, communities and investors.

The Rest…HERE

Leave a Reply

Join the Revolution - Enter Any Donation Amount Below to Revolution Radio!