Davos Annual Meeting 2008 - Bill Gates

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24.01.2008
A New Approach to Capitalism in the 21st Century
William H. Gates III, Chairman, Microsoft Corporation, USA
Chaired by
Klaus Schwab, Founder and Executive Chairman, World Economic Forum

Channel: News & Politics
Uploaded: January 25, 2008 at 11:23 am
Author: WorldEconomicForum

Length: 00:36:55
Rating: 4.57
Views: 56743

Tags: World Economic Forum Annual Meeting 2008 WEF Bill William Gates Klaus Schwab Davos davos08 commentary analysis news

Video Comments:
DannyKonopka (November 1, 2008 at 10:41 pm)
I take it as a sarcasm ;)
9994448343 (October 19, 2008 at 5:40 pm)
Excellent......very great....
hongster76 (October 14, 2008 at 11:06 pm)
only the rich can afford charity, will u feed ur neighbor's child when yours is starving? in the game of capitalism, to get rich, u have to depend on the rich. when bread is abundance, the rich dont mind the poor feeding off the crumbs, but when resource is scarce, dont expect crumbs. if the rich is charitable, they will buy all the stocks in the stock exchange to keep the market afloat, but you see them in selling frenzy once they think their very financial interests are at risk.
smujismuj (October 13, 2008 at 9:34 am)
What would be better....Transparent Socialism....or increasingly smaller groups of banking interests deciding what's good for everyone?
Bill Gates believes in the market...that is his flaw.
The market rewards greed, ruthlessness and profit, regardless of how profit is achieved.
War is profitable, therefore those who profit from it will do whatever it takes to produce wars.
Find someplace to hide, the world as we know it is coming to an end.
rightnow1212 (October 24, 2008 at 11:36 pm)
Profit is mostly created by creating value (for customers, employees shareholders). Wall Street and the debt filled current "American way" is garbage now I agree. Create wealth. Work hard-in an ethical manner-and make lots of money. Government (at the barrel of a gun I might add) takes 40% of everything earned and wastes much of it.

Snuggle up to a nice read of "Atlas Shrugged". Capitalism works. What the elite in the USA have done is not only criminal-it is pure stupidity. Shmucks.
Marly61 (October 1, 2008 at 10:34 am)
Standard economic history recognizes that state intervention has played a central role in economic growth. But its impact is underestimated because of too narrow a focus. To mention one major omission, the industrial revolution relied on cheap cotton, mainly from the United States. It was kept cheap and available not by market forces, but by elimination of the indigenous population and slavery.
Marly61 (October 1, 2008 at 10:34 am)
Philososo, but what about reality?
All the countries who rejected laissez-faire capitalism are now flurishing. They are all rejecting the structural adjustment programs supported by the Washington Consensus and there economics have turned around and away from the corporate welfare and elitist wealth transfer systems. Such all east asia, Argentina, Standard economic history recognizes that state intervention has played a central role in economic growth.
Marly61 (October 1, 2008 at 10:25 am)
Its funny that Socialism always bails out Capitalism (rich elites); its never the other way around.
Marly61 (October 1, 2008 at 10:24 am)
watch on YOUTUBE: "The Truth about the Wall Street Bailout: How "Free Market Capitalism" Really Works. Nader and Chomsky Explain the Game, a Nanny State to Take Care of the Rich"
linh111189 (September 27, 2008 at 4:41 am)
he is a my best idol!