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Bill Gates Calls for "Creative Capitalism" to Aid the Poor

Posted on January 24, 2008 by Floyd Mann
Topics: Corporations, Economic Development

Bill Gates gave a major speech at the World Economic Forum in Davos on Wednesday, calling for creative capitalism to do a better job of serving the world's poor as well as the rich.

In a lengthy interview he gave with the Wall Street Journal prior to the speech, Gates expressed concern for how "capitalism, while so good for so many, is failing much of the world." His recommendation is for companies to dedicate a larger percentage of their resources toward figuring out how they can make money by doing business with and improving the lot of the neediest third of the world's population.

Video of the entire speech is available here.

Keywords: World Economic Forum, Bill Gates, Davos

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