Gates calls for creative capitalism
DAVOS, Switzerland (Reuters) - Microsoft Corp Chairman Bill Gates called on Thursday for a new "creative capitalism" to help the world's 1 billion poorest who live on less than $1 a day.At first glance, I thought this was a put-on. Then I realized he was serious. Hey Bill, jam your "left behind" crapola. Please show me anybody who has not been positively affected by advances in technology and healthcare.
Gates, one of the world's richest men, said he was not dumping the basic tenets of capitalism but argued market forces must be better used to address the needs of those left behind by advances in technology and healthcare.
"We have to find a way to make the aspects of capitalism that serve wealthier people serve poorer people as well," he told the annual meeting of the World Economic Forum. "I like to call this idea creative capitalism."
Capitalism improves the standard of living in the economy, poor as well as rich. Take a good look at the standard of living in your average communist country like Zimbabwe or Cuba and tell me how that works out for you. The best thing you can do for the "poor" is have clear capitalism, get out of their way and watch them succeed. Back to the article.
Greater focus on recognition for improving the lives of others could provide a spur for companies to focus more on making money out of providing valuable products at affordable prices to the world's poor.Some comments:
He urged multinationals to pledge the services of their top people to the work.
"This kind of contribution is even more powerful than giving cash or offering employees time off to volunteer. It is a focused use of what your company does best," he said.
1. Most of that "poor" live in communist/socialist countries, Bill. How dare you blame capitalism for their problems.
2. The comment about providing affordable prices is laughable coming from Gates. When companies like WalMart provide valuable services/products at low prices to the poor, they get attacked by the moonbats and Gates, who says nothing to defend them.
3. Having top people pledge services to this end is the same as pledging cash or volunteering, Bill. The goal of capitalism is to maximize the value for your shareholders--all your shareholders. Most stock is held by the working class through their pension funds, not the "wealthy," and you know it Bill. You are not being intellectually honest here.
These comments by Gates is pure unadulterated left-wing gibberish by someone wanting to be loved by the media.
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