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Is Capitalism Creative?
I just watched a fantastic interview of Michael Kinsley on Charlie Rose.
He recently published a book called Creative Capitalism: A Conversation. The project started out as a web experiment made from a collection of essays and commentary on capitalism,philanthropy and global development.
The book takes as itsstarting point a speech Bill Gates delivered this January at the WorldEconomic Forum in Davos. In it, he said that many of the world'sproblems are too big for philanthropy--even on the scale of the GatesFoundation. And he said that the free-market capitalist system itselfwould have to solve them.
In the interview, Michael references Fannie and Freddie as examples of companies with a double bottom line that ended in disaster.
Off the top of my head, I am trying to think of the antithesis of that; and Google is the first that comes to mind.
Does anyone else have examples (either pro or con)?
He recently published a book called Creative Capitalism: A Conversation. The project started out as a web experiment made from a collection of essays and commentary on capitalism,philanthropy and global development.
The book takes as itsstarting point a speech Bill Gates delivered this January at the WorldEconomic Forum in Davos. In it, he said that many of the world'sproblems are too big for philanthropy--even on the scale of the GatesFoundation. And he said that the free-market capitalist system itselfwould have to solve them.
In the interview, Michael references Fannie and Freddie as examples of companies with a double bottom line that ended in disaster.
Off the top of my head, I am trying to think of the antithesis of that; and Google is the first that comes to mind.
Does anyone else have examples (either pro or con)?

Annya Uslontseva commented about 10 hours ago
Alfredo Balmaseda commented about 14 hours ago
Kyle Louise commented 1 day ago