Sharing Daily Discoveries About Personal Finance And Business Topics

Creative Capitalism

I just read this article on the Wall Street Journal that conducted an interview with Bill Gates who expresses the need for what he calls “Creative Capitalism”. Essentially, he expresses in quote:

we have to find a way to make the aspects of capitalism that serve wealthier people serve poorer people as well.

You can see a video of it here:

I guess the main criticism of these types of topics would be that you have to be at a certain level yourself to be able to help others in a grand impacting scale. When I think about it personally purely from a financial point of view, it almost makes more sense for say a billionaire to try and help create say another 100 millionaires out of a pool of worthy candidates instead of trying to immediately solve the cause through their own direct means.

With a bigger pool of people now who are in a good position to help, it should make completing the objective a little easier I’d say. Would kind of satisfy the goal in finding more companies who genuinely want to help a cause too I’d say.




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