My best interpretation is in impoverished nations, a key economic bottleneck is lack of sufficient capital to improve their economy. Capitalism works pretty wel

My best interpretation is in impoverished nations, a key economic bottleneck is lack of sufficient capital to improve their economy. Capitalism works pretty well in that stage to improve everybody's lot. Economic growth in this stage is great, double digit growth or high single digits is common. In more advanced nations, access to capital isn't an overall issue. However, economic growth is low single digits in a "good" year. And if you shift to other measures of people's security, as shown in Dalio's collection of data, the improvements are slowing or even reversing. This isn't making capitalism a boogeyman. It's a serious criticism of a phenomena that we need to understand, or, as Dalio points out, we're in for a lot of serious chaos ahead.