Here’s an interesting statistic via Zero Hedge. 47% of Americans age 18-29 view “capitalism” as having negative connotations (see image below). I know the average reader here is over the age of 40, but maybe we need to start infusing the young population with a bit of Pragmatic Capitalism. After all, it’s not that capitalism is inherently evil. It’s only evil when it’s allowed to be corrupted.
Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds.Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances.
He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.