Billionaire JP Morgan chief attacks socialism as 'a disaster'

Jamie Dimon: socialism leads to ‘corruption and favouritism’ America’s top banker, paid $31m last year, defends capitalism The world’s m... thumbnail 1 summary
  • Jamie Dimon: socialism leads to ‘corruption and favouritism’
  • America’s top banker, paid $31m last year, defends capitalism

The world’s most powerful banker has attacked socialism, saying it produces “stagnation, corruption and often worse”.

Related: Jamie Dimon, spare us your crocodile tears about inequality | Robert Reich

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from US news | The Guardian http://bit.ly/2I3stn4

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