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Bill Gates's Plan To Improve Our World

An anonymous reader writes "Bill Gates has written an article in Wired outlining his strategy to improve people's lives through philanthropy and investment in technology and the sciences. He says, 'We want to give our wealth back to society in a way that has the most impact, and so we look for opportunities to invest for the largest returns. That means tackling the world's biggest problems and funding the most likely solutions. That's an even greater challenge than it sounds. I don't have a magic formula for prioritizing the world's problems. You could make a good case for poverty, disease, hunger, war, poor education, bad governance, political instability, weak trade, or mistreatment of women. ...I am a devout fan of capitalism. It is the best system ever devised for making self-interest serve the wider interest. This system is responsible for many of the great advances that have improved the lives of billions—from airplanes to air-conditioning to computers. But capitalism alone can't address the needs of the very poor. This means market-driven innovation can actually widen the gap between rich and poor. ... We take a double-pronged approach: (1) Narrow the gap so that advances for the rich world reach the poor world faster, and (2) turn more of the world's IQ toward devising solutions to problems that only people in the poor world face.'"

26 of 445 comments (clear)

  1. Fan of capitalism by ArsonSmith · · Score: 3, Insightful

    Of course someone who made a lot of money helping a lot of other people make a lot of money helping millions of people have jobs to do. While pissing off the largest portion of the readership here due to quality of the product. I'm pretty sure this isn't going to get a fair shake here on Slashdot.

    --
    Paying taxes to buy civilization is like paying a hooker to buy love.
    1. Re:Fan of capitalism by ebno-10db · · Score: 4, Funny

      Microsoft hating is soooo 90's, and we didn't know how good we had it back then. With the NSA around, why bother to get upset about bad software?

    2. Re:Fan of capitalism by Bogtha · · Score: 5, Insightful

      The problem I have with Bill Gates is essentially the broken window fallacy. Microsoft had a stranglehold on the computer industry. They held back the computer industry by years. A decade even! In the web development industry alone, we're still shaped by the impact Internet Explorer 6 left - which was released in 2001, twelve years ago. What economic value would Be Inc. have brought? What charitable donations would have resulted from that company? Or Netscape? Or any of the tens of thousands of companies Microsoft had a deleterious impact upon?

      He has since spent some of the money he earned holding back some of the most important industries in the world trying to help people. That's good. He didn't have to do that. But people judge that work as if it stands alone. It doesn't. The work he does with the money he has comes at the expense of the tens of thousands of companies that were held back or destroyed by the illegal and monopolistic actions he took.

      I think it's unlikely that, economically speaking, the actions he took were a net win for society. Yes, once he had the money, he did good things with it. But the cost to society for him to obtain that money is far too high in my eyes. Higher than the value he brought.

      Essentially, he took it upon himself to be Robin Hood. He stole from the rich - Western society - to give to the poor. However I don't see any reason to believe that the theft he perpetrated - the value he stole from society - was less than the value he brought to society. And I don't think it was his right to commit those crimes to do those things.

      By all means, judge him for what he has brought to society. But you should not do that without judging him for all that he has took from society as well.

      --
      Bogtha Bogtha Bogtha
    3. Re:Fan of capitalism by nukenerd · · Score: 4, Insightful
      Arson Smith wrote :-

      [Gates] didn't rob from anybody, He exchanged value for value.

      He robbed me by making me pay for pre-loaded copy of Windows when I bought a PC, a copy I did not use. No "value-for-value" there.

      The only transactions that are not a net win are when one is at the point of a gun. Bill Gates never pointed a gun at anyone.

      You don't need a gun to force people to do things. Like "buy Windows or you can't have a PC"

      If there was no value in Microsoft products then people wouldn't buy them.

      People can buy things because they are forced to (see above), or because they are ignorant. You should read this The Grantham Grocer Fallacy

  2. Re:Most of the problems listed have a single cause by Anonymous Coward · · Score: 5, Insightful

    Religion is just one form of control. Get rid of it, and something else will be used, be it patriotism, racism, drugs, financial ruin or sports.

  3. Socialism vs. Capitalism by wrackspurt · · Score: 5, Interesting

    I am a devout fan of capitalism. It is the best system ever devised for making self-interest serve the wider interest.

    The argument can be made that capitalism widens the divide between rich and poor. The old question remains whether unbridled capitalism and philanthropy can better address the world's woes, or, would a more socialist political structure like those seen in Scandinavian countries better address and more quickly narrow the divide.

    1. Re:Socialism vs. Capitalism by ebno-10db · · Score: 4, Insightful

      I'm not actually claiming capitalism does such a thing.

      Good, because there is no evidence for it.

      I'm just don't see why "the gap" is a problem in and of itself. A smaller piece of a larger pie can be better than a bigger price of a small pie...

      Two reasons. First, nobody believes your hypothetical any more than you do. Second, when income disparity goes beyond a certain point, many people start to think it's unfair. There are even theories that a dislike of unfairness is innate to a large degree (toddlers display it, including acting fair towards their peers), and a sense of fairness serves a social purpose. If you think that's childish, consider this. Your rich Uncle Ned dies, and his only heirs are his three nephews. You're one of them. You and Bob each get $1k. Dave, who always treated Uncle Ned like crap, gets $1B. Do you have any cause for complaint? If so, why? You are $1k better off than you were before.

    2. Re:Socialism vs. Capitalism by poity · · Score: 3, Insightful

      How many times will misinformed people trot out this crap? Scandinavian countries are, to the last one, all capitalist free market economies. Capitalism and the laws that protect private property enable those countries' people to generate the excess wealth with which to fund their social welfare programs.

      Scandinavian countries are actually examples of "capitalism and philanthropy" being "better at addressing woes"

      --
      your thin skin doesn't make me a troll
  4. Whups by girlintraining · · Score: 4, Insightful

    'We want to give our wealth back to society in a

    ... BURN THE WITCH!

    No, seriously. As a percentage of net earnings, the rich contribute far less as an aggregate group than the poor. There's an inverse relationship between income and charity. The more you make, the less you give, proportionally speaking. You can outline all the reasons why it would be better if this wasn't the case... I doubt you'll find much disagreement here. But making the case for it doesn't mean anyone's going to adopt it; A concept Mr. Gates and the company he used to captain both seem ill-equipped to grasp. Simply understanding the problem better doesn't result in a solution; It is one of the oldest delusions humanity has to offer... that knowledge will lead to action.

    Instead, we need to figure out why people give proportionally less, and address the issue within that cognitive framework. And the Just world phenomenon is a great place to start: The belief that you deserve whatever is happening, or has happened, to you. Fundamentally, I think you'll find the reason the rich give less is because on a subconscious level, having adopted the belief that they earned their wealth rather than simply having won a cosmic lottery, they then build on that with confirmation bias. That is, every action that comes after that in some fashion just confirms that they're more deserving than the next guy... and eventually, that makes them not very charitable. Afterall, if I did it, you can do it, right? It's such a basic failure of reasoning that entire books have been written on the subject, and yet... here we are... still not getting it.

    --
    #fuckbeta #iamslashdot #dicemustdie
    1. Re:Whups by Fwipp · · Score: 4, Insightful

      "Instead, we need to figure out why people give proportionally less"

      Seems to me it's probably because poor people can better empathize with what it's like to not have enough, and they likely remember how much they appreciated it the last time somebody helped them out.

    2. Re:Whups by girlintraining · · Score: 3, Interesting

      Seems to me it's probably because poor people can better empathize with what it's like to not have enough, and they likely remember how much they appreciated it the last time somebody helped them out.

      That does not explain how people who were previously poor, and then became wealthy, also follow the same pattern. Not everyone who becomes wealthy changes their social class, but most do. Put another way, once you're rich, you don't hang around with poor people much. And thanks to socialization, it's not very long at all before those old behaviors and worldview fractures and dissolves. Does it happen to everyone? No. But it seems the only people resiliant to this are those that suffered a significant trauma prior and usually early on in life that became a core belief.

      It's not a coincidence that when you read about people who ran into burning buildings to save a bunch of children, or saw a car run off the road, lept from their car to go assist... everyday heroes tend to have one thing in their background: They grew up in a small town. Go look it up. And surprise, most people who join the military also come from small towns. Their personalities are no different than those in the city, but their social environment imparted certain values -- specifically, that they're not just a face in a crowd. In the city, we choose our own subculture, our own groups to be a part of. In a small town, you have to learn how to be part of a community you may not strongly identify with. Avoiding certain types of people isn't an option. So as a consequence of that, we get people who later move to the big city or whatever, and retain that sense of community... so when they see someone in trouble, they don't have a tribalistic view.

      We are social creatures; And our desire to help others is based directly on how much they are like us. They have to be part of our tribe. It's how we're wired. And social class is a big division -- when you surround yourself with rich people, you start to think like rich people do. It seems like a really obvious thing to say, but then I see people like you say things like this and I realize... you're not understanding this tribalistic element of human behavior.

      --
      #fuckbeta #iamslashdot #dicemustdie
    3. Re:Whups by nine-times · · Score: 4, Insightful

      I think the previous poster is correct to talk about the "just world fallacy". Without getting into too much of an argument as to who is "right", we all create a world view that helps to prop up our own ego.

      It's common for rich people to believe (or want to believe) that we are all in control of our own lives, and the reason they have so much is because they deserve it. They think that they're either inherently superior people, or at least that they've done better things and made better choices. To believe otherwise would induce a lot of angst.

      Meanwhile, if you're poor, it's much more ego-soothing to believe that we are powerless in our own lives, and the reason you have so little is either because of luck, or because someone has screwed you over. To believe otherwise would imply that you are somehow inferior to everyone who makes more money than you.

      If all that is true, then it would help to explain why poor people would give more, proportionately. You have one set of people who believe that poor people are unfortunate, and another set which believes that poor people deserve their problems. Which would you expect to donate more to charity?

  5. Nothing is ever that simple by Anubis350 · · Score: 5, Interesting

    Nothing is ever that simple and any attempt to boil something so vast down to a single word, no matter how far reaching, is naive. Religions exists because of various human needs, and people believe because of various needs. It can enrich lives or impoverish them. It can motivate, or demotivate. It can create and destroy. Help and Harm. Like anything manmade it can be used for peace, and for war.

    Terrible acts done in the name of religion are symptoms of deeper, more intertwined problems in how we relate to one another, terrible teachings symptomatic of human needs for order, control, and normalcy. Absence of religion would not simply make the world a better place on it's own, something else would take the place, both good and bad, that religion serves . "If god did not exist it would be necessary to invent him"

    --
    "goodbye and hello, as always" ~Prince Corwin, from Zelazny's Amber series
  6. Things have changed by Anonymous Coward · · Score: 5, Insightful

    Most of the hate for Microsoft was due to their monopoly status; not so much anymore. That monopoly let them sit on their laurels and collect money without needing to produce the best product quality. Today, MS the _underdog_ in a lot of hugely important markets. Furthermore, Gates is only a Chairman at MS anymore and has little or nothing to do with day to day operations. He's spent a an enormous amount of time, effort, and money sincerely trying (and in many cases succeeding) to make things a little better for humans everywhere. People need to let go of the hate, it's no longer useful in this context.

    1. Re:Things have changed by davydagger · · Score: 5, Insightful

      that said, they still sit on their lareuls and collect money via patent trolling.

      Bill Gates can talk about being a do-gooder when he renounces patent trolling, or more aptly sells his stock in monsanto, and denounces that too.

  7. Re:Most of the problems listed have a single cause by larryjoe · · Score: 3, Interesting

    Magnitude of evil perpetrated by "bad" people with religion == Magnitude of evil perpetrated by "bad" people without religion.

    Religion is almost never the driving factor. In the absence of religion, such people would have found other means and justifications to perpetrate their evil. There are many such examples in history.

    Unfortunately, the castigation of religion often reveals a hatred of religion more than a hatred of the evil acts.

  8. A reasonable critique of Gates's philanthropy by gilgongo · · Score: 4, Insightful

    This is worth a read:

    http://newint.org/features/2012/04/01/bill-gates-charitable-giving-ethics/

    TL;DR

    Gates's and others' philanthropy prolongs poverty by sowing as it does the seed of more inequality (in Gates's case, through the formation of health policies in the third world that make it easier for Western drug companies to open up markets for treatments there). They give away the fruit, but never the trees.

    As Oscar Wilde observed of the philanthropists of his era: ‘They seriously and very sentimentally set themselves to the task of remedying the evils that they see in poverty, but their remedies do not cure the disease: they merely prolong it.’ Then and now, as Wilde said, ‘the proper aim is to try and reconstruct society on such a basis that poverty will be impossible.’

    This is really the question that needs to be addressed: why is poverty still possible - and why can it even get worse - after 200 years of Gates's capitalism? Surely by now if capitalism was the answer, we'd not be where we are today.

    --
    "And the meaning of words; when they cease to function; when will it start worrying you?"
  9. Re:Most of the problems listed have a single cause by s.petry · · Score: 5, Interesting

    Wrong, the problem today is corruption and people accepting corruption as the normal. Our current shitty state of the union is not due to any Religion, it's due to corrupt people in power. The only thing mentioning Religion does is to show that religion is not above or beyond being corrupted.

    Fact: The Catholic Church never taught people that pedophilia was correct, or good, or just. In fact they taught (and teach) their followers that it was bad, illegal, and that they would spend the rest of their lives in hell if they were to commit these acts. Meanwhile a bunch of corrupt leaders sat in a back room committing the crimes or covering up for those that did. That's not "Religion", that is "Corruption".

    As long as you have biases and bigotry it's hard to see where the real problems are. While you bitch about "Religion A" being bad, the same corrupt fuckers are sitting behind a corrupted government, doing the same corrupt things. They laugh at how ignorant the masses are, and how easily they are fooled by bullshit propaganda.

    "The Noble Lie" is not something that only "Good" can use, it's also something that corrupt evil people use.

    Oh, and Bill Gates is corrupt lying fuck that I would not trust with my used toilet paper, let alone tell us what changes we need to make in the world or what sciences we should be studying.

    --

    -The wise argue that there are few absolutes, the fool argues that there are no probabilities.

  10. Philantropy for dummies by Tom · · Score: 5, Insightful

    'We want to give our wealth back to society in a way that has the most impact, and so we look for opportunities to invest for the largest returns.

    Well, Mr. Gates, here's how:

    Don't take away their wealth in the first place.

    It's well-established fact that the poor make the best use of money. There is less waste and more immediate progress than with any organisation or institute. Micro-credits are a blasting success wherever they are granted in the interest of helping people. (they fail when the same banks that caused the housing bubble/burst get in on the game hoping to make a quick buck, because they don't screen the applicants).

    Monopoly rent is known to damage the economy disproportionately. For every $ you give to charity now, Mr. Gates, you've already taken two away.

    "Don't be a greedy bastard." is a much, much better formula for helping other people than giving away even most of your money. Because it's not a zero-sum game, it's not just redistribution of wealth, the 1% gain most of their wealth not just by taking it from the rest, but by causing damage in excess of their profit.

    --
    Assorted stuff I do sometimes: Lemuria.org
    1. Re:Philantropy for dummies by Tom · · Score: 4, Insightful

      I understand the role of a CEO. I've worked closely with the C-level executives in the #3 company in its sector in my country for 8 years.

      The typical Cxx works long and hard and I've seen first hand that some have sacrificed family and marriages for the company. I never said they aren't worth a solid salary.

      But what exactly does the CEO do that justifies one thousand times the salary of an average worker in his company? That's why the Switzerland proposal is interesting. They don't deny that the CEO is worth several times a low-grade worker. They just say that there's a limit. That he can be worth five, six, ten or twelve times as much, but not 200, 500, or 1000.

      Think about it. Some of the CEOs of large companies earn more than an entire factory, combined. If you seriously claim that that's what they are worth, then you are the one making the extraordinary claim and thus you are the one who needs to provide evidence for his claim.

      The worker seldom does anything not rote, and a mistake means he's broken a widget.

      Only if your definition of "worker" begins and ends with burger flipping at McD.

      I've been and worked with regular employees whose responsibilities and skills were essential to the company. I've been in a position were a company of 150 people could have shut down if me and two others had left. I've seen employees sweat over tasks because mistakes would cost the company seven-digit figures.

      Oh, and next time you fly: That pilot who has your life in his hands, he's a "worker who seldom does anything not rote", too.

      --
      Assorted stuff I do sometimes: Lemuria.org
    2. Re:Philantropy for dummies by Tom · · Score: 3, Informative

      Do you realize that doubling the minimum wage will also result in a net loss of jobs?

      For someone who complained about lack of citations and statistics the sentence before, you sure make bold claims with nothing to back them up.

      Loss of jobs has been the #1 agenda item for those against... uh, actually pretty much anything that might help the low-income people, be it minimum wage, unions, employee protection laws or really anything else.

      Rarely is there any evidence for it. Two recent papers show that there is no significant impact:
      http://www.nber.org/papers/w4509
      http://www.irle.berkeley.edu/workingpapers/157-07.pdf

      Now pony up your evidence or accept you've fallen for cheap rhetorics.

      --
      Assorted stuff I do sometimes: Lemuria.org
  11. Re:Most of the problems listed have a single cause by rubycodez · · Score: 5, Insightful

    1. statistically, poor people likely to have a lot kids, whether religous or not. well off people do not, whether religous or not. most well off people in first world countries have a religion, but they don't even have enough kids to maintain population

    2. people do what they want and justify it whether they have religion or not, it's human nature

    3. Many religions have hard work and self-improvement as commandment

    4. Atheists also engage in crazy talk and actions, and have even outdone Hitler in body count on at least two occasions

    5. Science, engineering, medicine, psychology and philosphy have been used as basic for being self-righteous just as much as religion

    Humans are troublesome creatures, the problems will persist with and without religion

  12. Re:self-interest serve the wider interest. by TheSync · · Score: 4, Interesting

    I personally know someone who worked for a mid-sized IT firm out of Texas. They were small but growing and successful. Then Bain Capital stepped in, waived some money around and purchased the company. The day after the deal was finalized, everyone was fired and the company was liquidized - sold of bit by bit. The poor lady is now in the Mid-West working in a call center.

    Seen vs. unseen...

    First, if Bain Capital was called in, it is likely the company was in trouble, so she would have been laid off anyway.

    Secondly, the owners of the company felt it was worth it to sell out to Bain, so they benefitted versus possibly having their investment worth nothing.

    Thirdly, the company had assets, and these assets have been redeployed to more profitable use, likely employing new people who you don't know.

  13. A Free Press Foundation by al0ha · · Score: 5, Interesting

    Jeezus Bill, if both you and Warren Buffet really want to make the greatest impact on humanity, use every cent of your wealth to establish a global free press foundation beholden to no person or government. Only via this method can humankind be as sure as is humanly possible that we're getting an unbiased view. Fund a Free Press Foundation now!

    --
    Did you ever wake up in the morning, with a Zombie Woof behind your eyes? -- FZ
  14. Aimed at US readership by golodh · · Score: 4, Insightful
    Please keep in mind that Bill Gates' interview was aimed at a US readership, and that comes with certain complexities.

    All of us know that whosoever dares criticise the "free market" in any form or way whatsoever in front of a US audience will automatically be branded a 'Bleeding Heart Liberal', a 'Socialist', if not 'Communist' by that same audience (depending on their mood and how threatened they feel) without further investigation of what he actually has to say.

    Practically the only way a US audience will pause long enough to actually listen is to bring impeccable credentials as a 'Capitalist' and to start off by clear endorsements of Capitalism in general. Only then is it considered acceptable to point out one or two weaknesses or deficiencies of the system and suggest improvements.

    This is what Bill Gates has done, and he's one of the few people alive who can not only say something like that and still be listened to, but who *wants* to point anything like that out to the world. I guess that Warren Buffet is another, but I wouldn't know many others. That's why he said that.

    And please note that the quality of MS software or its competitive practices have no bearing on the issue.

  15. Billy Gates by Suffering+Bastard · · Score: 4, Interesting

    It's hard for me to see Bill Gates beyond being a spoiled, insecure boy. He talks about all these grand visions (The Road Ahead, et al) yet clearly is out of touch with the real world and the realities of human nature to the point that he dreams up these fanciful dreams of utopia that only get taken seriously because he happens to be insanely rich. It's hard for me to see Bill Gates as machiavellian or otherwise diabolical (not that he doesn't throw a good capitalist tantrum now and again), because he's so clearly scared of being caught for what he isn't -- a man in charge of his own fate. He can't possibly be able to imagine living a life not saddled to his silver, free to be bold like many of the "not haves". If he were to no longer "have", then he'd lose the very thing that defines him -- massive wealth. His ego must be terrified at the idea that he is nothing more than paper and ink.

    So he props up these grand visions and philanthropic ventures as a way to give validation to his existence, never manning up to working out his own inner deficiencies. And since he lacks the real world understanding to do so himself, he allies with Warren Buffet types to guide him on what he should do, swallowing completely their belief in the supremacy of the capitalist ethos. But his "plans to improve our world" always come off as childish and unworkable. Indeed, can anyone here enumerate the number of grand plans Bill Gates has put forth that have fulfilled their objectives in improving our world? (that's an honest question, by the way)

    --
    "Molest me not with this pocket calculator stuff."
    - Deep Thought