Bill Gates calls for a new “creative capitalism” to help the world’s one billion poorest who live on less than $US1 ($1.13) a day. “Creative capitalism” should tread the middle path and consider the needs of the wealthy and poor people particularly in education and healthcare delivery.
He believes that a greater focus on recognition for improving the lives of others could provide a spur for companies to focus more on making money out of providing valuable products at affordable prices to the world’s poor.
“This kind of contribution is even more powerful than giving cash or offering employees time off to volunteer. It is a focused use of what your company does best,”, says Gates.
See “Gates calls for “creative capitalism” (The Australian)