There has been a noticeable decline in the labor factor in all wealthy countries in the past 20 years. The rich are getting richer, but those at the lower end aren’t moving ahead as quickly as the capitalists.

Unbridled capitalism in the United States can’t be sustained socially. It leads to tensions.

It’s quite astonishing how much money people make in the hedge fund business and in the private equity field, and how well-off affluent families really are.

It is vital for Russia to normalize relations with the rest of the world. You shouldn’t isolate your economy.

The problem – at least in the United States – is not that people can’t find jobs. The problem is that they’re no longer finding jobs that provide them with dignity and decent social status.

Workers are not being exploited. But if their share of growth doesn’t increase, this could be a potential cause of social tension worldwide.

Marx’s theory that only capitalists benefit from capitalism and workers are exploited was completely wrong. Nothing could have been further from the truth. Workers earned more as economies grew.

I tell my children that a man like Bill Gates has a personal fortune of $100 billion. They can’t even comprehend that. Then I explain that he has more money than some countries.

Russia exists in the context of open global economy and is a part of it.

We’re not just going to see mid-sized banks go under in the next few months, we’re going to see a whopper.