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It seems strange that someone with the business acumen to become the world's richest man would not look on the inefficient and broken charity and aid systems as
by wolfrom 16y ago
It seems strange that someone with the business acumen to become the world's richest man would not look on the inefficient and broken charity and aid systems as an opportunity to create a better solution. There won't be good new jobs in places where there isn't reliable electricity or clean drinking water.
Like most aging industries, the "making the world better" industry is definitely in need of some disruption. We see newer entrepreneurs talking about this space more and more, so I wonder how long it will be before the richest entrepreneurs start looking at new ways of solving these problems.
- araneae 16y agoThe article mentioned that he donated to the Gates foundation, which in fact uses capitalist principles to help third world countries.
- brudgers 16y agoHere are the Gates Foundation guiding principles: http://www.gatesfoundation.org/about/Pages/guiding-principles.aspx http://www.gatesfoundation.org/about/Pages/guiding-principle... I don't see anything capitalist in them. Nor in "All Lives have equal value."
- araneae 16y agoProbably because you don't get many donations by espousing capitalism in your guiding principles. But mush of their work uses capitalist principles, which you can see if you look at some of their programs: http://www.gatesfoundation.org/global-development/Pages/overview.aspx http://www.gatesfoundation.org/global-development/Pages/over...