Welcome to Access ProRot, where we take just 10 minutes to get you smarter on the collision of tech, business, and politics.

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I'm Dan for Mac.

On today's show, the UK gets tough on internet content and why Chuckie Cheese still matters.

But first, the new American capitalism. For decades now,

we've heard complaints about how America's political system is broken due to everything from

gerrymandering to dark money. But now there's also a growing chorus saying that America's

core economic system, capitalism, is in need of a massive overhaul. So some of this comes

from the resurgent

political left, which largely views capitalism as fundamentally inept. But some is also coming

from those who have benefited most from capitalism, like billionaire investor Ray Dalio. He basically

argues that America's capitalist system has been taken to its logical but unfortunate extremes,

resulting in way too large a divergence between the haves and have-nots. For example, we now have a record high-income gap

and a wealth gap unseen here since the 1930s. Dalyo argues all of this as an existential threat

to the nation, particularly as it self-reinforces via access or lack of access to quality

education and health care. Now, sure, there is something intrinsically eye-rolling about a billionaire

talking about income inequality. But that doesn't mean he's wrong. And it's not too dissimilar

a message to what we've been hearing for years from now presidential candidate Elizabeth Warren,

who has argued that capitalism shouldn't be scrapped, but it must be reformed. message to what we've been hearing for years from now presidential candidate Elizabeth Warren,

who has argued that capitalism shouldn't be scrapped, but it must be reformed. This could mean stronger regulations, a different sort of tax system, thoughtful and

increased investment in education, and then consequences for those who use top-line GDP

to mask underlying weaknesses.

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