Us Sliding Towards 1930s-Style Autocracy, Warns Ray Dalio

Posted4 months agoActive4 months ago

SilverElfin

32 points

15 comments

ft.comOtherstory

calmnegative

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AutocracyInequalityUs Politics

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Autocracy

Inequality

Us Politics

Billionaire Ray Dalio warns that the US is sliding towards 1930s-style autocracy due to rising inequality and declining trust, sparking discussion on the causes and implications of this trend.

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Sep 2, 2025 at 4:24 PM EDT
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Discussion (15 comments)

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SilverElfinAuthor

4 months ago

2 replies

Apologies - I’m not sure how to generate those archive links people seem to share frequently. Here are a couple other news articles from across the spectrum, that discuss what Ray Dalio told the Financial Times:

https://www.theguardian.com/business/2025/sep/02/rising-ineq...

https://fortune.com/2025/09/02/ray-dalio-america-debt-induce...

https://www.dailymail.co.uk/yourmoney/consumer/article-15057...

scrlk

4 months ago

Use https://archive.ph/

The archive link for this FT article: https://archive.ph/xUeJ8

mitchbob

4 months ago

If it's possible for an FT subscriber to share a gift link, I'd be interested in reading the full interview rather than a summary. I've been surprised that the business community hasn't pushed back against Trump and the economic chaos he's causing, and it's great to see someone with the stature of Dalio break ranks.

cornhole

4 months ago

https://en.wikipedia.org/wiki/Business_Plot?wprov=sfti1

SilverElfinAuthor

4 months ago

Dalio said that the current 'gaps in wealth', 'gaps in values' and a decline in trust were driving 'more extreme' policies.

'I am just describing the cause and effect relationships that are driving what is happening,' he said.

'And by the way, during such times most people are silent because they are afraid of retaliation if they criticise.'

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