U.S. billionaires worry about the survival of the system that made them rich

In places such as Silicon Valley, the slopes of Davos, Switzerland, and the halls of Harvard Business School, there is a sense that the kind of capitalism that once made America an economic envy is responsible for the growing inequality and anger that is tearing the country apart. The other part of Khanna’s solution was to do what he was doing now, talking to billionaire tech executives like Larsen who worried that the current path for both capitalism and Silicon Valley was unsustainable. Conversations of the sort that Khanna was having with Larsen were now taking place in some of capitalism’s most rarefied circles including Harvard Business School, where last fall Seth Klarman, a highly influential billionaire investor, delivered what he described as a “plaintive wail” to the business community to fix capitalism before it was too late.

Source: www.washingtonpost.com