Is Capitalism Creative?
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)?
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