Bill Gates Calls for a 'Kinder Capitalism'

Strudelkugel writes "The Wall Street Journal reports that Microsoft's Chairman Bill Gates is going to call for a revision of capitalism. He will argue that the economics that drive much of the world should use market forces to address the needs of poor countries, which he feels are currently being ignored. 'We have to find a way to make the aspects of capitalism that serve wealthier people serve poorer people as well,' Mr. Gates will say in a speech at the World Economic Forum in Davos, Switzerland. 'Key to Mr. Gates's plan will be for businesses to dedicate their top people to poor issues — an approach he feels is more powerful than traditional corporate donations and volunteer work. Governments should set policies and disburse funds to create financial incentives for businesses to improve the lives of the poor, he plans to say. Mr. Gates's argument for the potential profitability of serving the poor is certain to raise skepticism, and some people may point out that poverty became a priority for Mr. Gates only after he'd earned billions building up Microsoft. But Mr. Gates is emphatic that he's not calling for a fundamental change in how capitalism works.'"

Comments

Re:Great News...

[Otter Escaping North]

Some point in the last few years, Bill Gates seems to have figured out he's roughly into the last third of his life, looked in the mirror, and didn't see anything there. It's clear he's decided to do something about that, and good on him for it. I read somewhere that Vampires can't see their reflection in the mirror either. So what your saying is that if Dracula were to suddenly change his ways and forgive all the people he had converted or bitten over the years, that he'd suddenly be a "good guy" you'd trust your kids with?

Yes. That is exactly what I am saying. Dracula, the reference to my children, the misuse of the word "your"; each of these linguistic leaps is a stunning display of your level of comprehension. My post was clearly a dense morass of language that you, and only you, nschubach, have been able to divine.

Even the name "nschubach" displays your rare grasp of depth. Though it appears to to be a nonsensical collection of letters, I happen to know it's Austrian for "Reads Joseph Conrad for recreation while dancing in own feces."

Thanks so much for your contribution. Dance on.