Friday, December 2, 2011

Creative Capitalism



Bill Gates presents his ideas on creative capitalism (follow link with title). Large companies with a diverse and extensive repertoire of resources can look to reach out to the poorest people across the world. Breakthroughs in banking, medicine, energy and nutrition developed by these companies can help to reduce impoverishment faster than government agencies. By having a ranking systems for individual companies detailing their level of philanthropy, young innovative thinkers that seek change will be drawn to these organizations, resulting in productive advances that can be utilized by those countries limited in resources. As the level of awareness for these companies rises, consumer support will also increase, thereby bringing the living status to an advanced level never seen before.

Seems Plausible? I dig the idealism as well. Not too sure I understand the philanthropic ranking system? Would assume people are going to be drawn to cheapest cost over the philanthropic ideals of some large corporation any given coupon day of the week.

Thursday, December 1, 2011

The Better System


Is the free market system always the better option or are we being stubborn and blind? Should we look to the policies of the Chinese to better perfect our economy? former CEO of Intel thinks so. Only question i pose to author of opinion and Intel CEO is whether we really live in a free market society?

Roosevelt Conservative


Looks like Newt has much to answer for. Though he denounces Fannie Mae and Freddie Mac in public debates, former Congress leader has deeper ties to the government-sponsored company than one initially would perceive. In response to his support, he states he is more of a Teddy Roosevelt and Alexander Hamilton conservative. Two men that were keen on state-run organizations and centralized executive power.

Quote of Week

Advocates of capitalism are very apt to appeal to the sacred principles of liberty, which are embodied in one maxim: The fortunate must not be restrained in the exercise of tyranny over the unfortunate.
Bertrand Russell