Word: gateses
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Last January Bill Gates gave a groundbreaking speech on "creative capitalism" at the World Economic Forum in Davos, Switzerland. Here's what we heard: one of the greatest capitalists in the history of the world suggesting that capitalism wasn't working all that well for almost half the people on...
Bill Gates writes in this magazine that he wants big corporations to do more for the world's poor. He calls this "creative capitalism." Who could possibly object?
Actually, lots of people. After Gates outlined creative capitalism in a speech at Davos, Switzerland, in January, I started a website on the topic creativecapitalismblog.com) with the Tom Sawyer--ish intention of inviting distinguished economists, journalists and ordinary people to discuss their reaction to Gates' notion and then turning it...
There are some, of course, who find anything Gates does or says nefarious. Last year the Los Angeles Times reported indignantly that while the Bill & Melinda Gates Foundation was busy saving lives from malaria, Africans continued to die of other causes. A more serious left-wing argument is that important...
These left-wing objections have their equivalents on the right. With the term creative capitalism, some critics complain, Gates is implying that capitalism itself isn't creative. Superenthusiasts of free markets believe that any goal capitalism fails to achieve can only be the fault of interference from the government. Gates...