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Bill Gates on capitalism that works for the poor

The Wall Street Journal article that everybody is talking about; Bill Gates at Davos, says “We have to find a way to make the aspects of capitalism that serve wealthier people serve poorer people as well.” I got forwarded this half a dozen times yesterday. Pretty big news, really. Now what’s he going to do about it? He does things when he makes a decision.

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3 responses for this post


Claude says:

Gates is brilliant and he’s carrying on the legacy of Carnegie and others. Never mind the sensationalists who take his ideas out of context. Even the Journal got it partly wrong. It’s not a revision of capitalism he’s after (those are the Journal’s words), it’s more about really taking capitalism back to its roots. Just take a look at that Adam Smith essay Gates mentions, or Yunus’ work. Giving, has always been an essential part of all-out capitalism.

 

Kevin Jones says:

I agree Claude. Milton Friendman has been dead for a year. and new things are possible.

 


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