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Alberto Gallo - Algebris Investments: How the American dream turned into greed and inequality

image-10/06/2017 - 11:38November 9, 2017 - World Economic Forum published an editorial by Albert Gallo, Partner at Algebris Investments, in which he discusses how the "American Dream" is broken. Citing the decline in social mobility over the last few decades, Mr. Gallo points out that for the first time in modern history today's young generation is expected to be poorer than their parents. While capitalism has been incredible in boosting wealth, it has failed to redistribute it, widening inequality. 

Click HERE to view the article.