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Microsoft Businesses The Almighty Buck

Bill Gates Calls for a 'Kinder Capitalism' 601

Strudelkugel writes "The Wall Street Journal reports that Microsoft's Chairman Bill Gates is going to call for a revision of capitalism. He will argue that the economics that drive much of the world should use market forces to address the needs of poor countries, which he feels are currently being ignored. 'We have to find a way to make the aspects of capitalism that serve wealthier people serve poorer people as well,' Mr. Gates will say in a speech at the World Economic Forum in Davos, Switzerland. 'Key to Mr. Gates's plan will be for businesses to dedicate their top people to poor issues — an approach he feels is more powerful than traditional corporate donations and volunteer work. Governments should set policies and disburse funds to create financial incentives for businesses to improve the lives of the poor, he plans to say. Mr. Gates's argument for the potential profitability of serving the poor is certain to raise skepticism, and some people may point out that poverty became a priority for Mr. Gates only after he'd earned billions building up Microsoft. But Mr. Gates is emphatic that he's not calling for a fundamental change in how capitalism works.'"
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Bill Gates Calls for a 'Kinder Capitalism'

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  • Great News... (Score:5, Insightful)

    by Morosoph ( 693565 ) on Thursday January 24, 2008 @10:22AM (#22166344) Homepage Journal
    Is Microsoft going to stop looking for new ways to be anticompetitive [groklaw.net], now?
  • Bwaa? (Score:2, Insightful)

    by Liberaltarian ( 1030752 ) on Thursday January 24, 2008 @10:25AM (#22166392)
    The imposition of markets is at the very root of so many of the ills facing impoverished countries. I can't help but see the same tortured reasoning that I see in Homer Simpson's classic explanation that beer is "the cause of -- and solution to -- all of life's problems."
  • by tomhudson ( 43916 ) <barbara.hudson@b ... m ['son' in gap]> on Thursday January 24, 2008 @10:30AM (#22166456) Journal

    "We have to find a way to make the aspects of capitalism that serve wealthier people let us continue to rip off poorer people,' Mr. Gates will say in a speech at the World Economic Forum in Davos, Switzerland. 'Key to Mr. Gates's plan will be for businesses to dedicate their top people to locking in the poor an approach he feels is more powerful when tied into traditional corporate donations and volunteer work. Governments should set policies and disburse funds to create financial incentives so that businesses can profit when they "improve" the lives of the poor, rather than giving money to the poor, he plans to say "The poor would just waste it on non-essentials like food and medicine.". Mr. Gates's argument for the potential profitability of serving the poor via government pork-barrelling and corporate tie-ins is certain to raise skepticism, and some people may point out that tapping the poverty-ridden became a priority for Mr. Gates only after he'd earned billions building up Microsoft. But Mr. Gates is emphatic that he's not calling for a fundamental change in how capitalism works - as long as he continues to get his.'"

  • Really Bill? (Score:3, Insightful)

    by folstaff ( 853243 ) on Thursday January 24, 2008 @10:31AM (#22166458) Journal
    This is guilt and arrogance. "I have so much, I am so smart, let me device a plan to improve capitalism."

    Note to Bill, its been tried at least twice in the past 100 years and they were called communism and socialism. The only change for the poor in those systems is there is more of them.

    To paraphrase Churchill: "It has been said that capitalism is the worst form of economy except all the others that have been tried."

  • OK Bill (Score:3, Insightful)

    by JustNiz ( 692889 ) on Thursday January 24, 2008 @10:31AM (#22166468)
    Thats funny. I remember how Gates screwed over everyone he could when he was in charge of Microsoft. Can anyone imagine Steve Ballmer giving a shit about helping poor people? Microsoft don't even care about individual customers if they're not a corporate entity.
  • by MightyYar ( 622222 ) on Thursday January 24, 2008 @10:34AM (#22166516)
    That'd work great until the next infection comes and wipes us all out, since all of our big pharma companies stopped developing drugs.
  • by stormguard2099 ( 1177733 ) on Thursday January 24, 2008 @10:36AM (#22166550)
    as TFS states, people are critical of Gates because he has waited until he has all this money to speak up. I'm going to take an optimistic approach and say that perhaps he has waited until he has money to push this because nobody listens to poor people. If your neighbor came out and said the same thing that Gates is I doubt it would be on /. Gates is in a position where he can actually effect changes. I say if he wants to help the poor, more power to him as long as he doesn't turn a blind eye to Microsoft.
  • Re:Bwaa? (Score:5, Insightful)

    by arivanov ( 12034 ) on Thursday January 24, 2008 @10:36AM (#22166554) Homepage
    Well, one of the first things to do here is to stop aid or at least make sure that only structural aid comes through. Any non-structural aid like "free food, free clothing, etc" should be stopped.

    Classic examples are food aid which has all but killed the local farm industry in many African countries along with dumping unused clothing and shoes which has done the same to the local textile and shoe industries. We drive a local tradesman onto the street and make him forever dependant on foreign aid every time one of us gives a piece of clothing to one of those "collectors" which leave a leaflet and a bag every week.

    While at it, Billy the Robber is as guilty of killing indiginous industries as anyone. He has made everything in his power to kill local competition everywhere he stepped. We live in a world where there is one or two indiginous word processing products left as final hold-outs in the losing battle against MSOffice. Navision has been doing the same to indiginous accounting packages and so on.
  • by dasbush ( 1143709 ) on Thursday January 24, 2008 @10:38AM (#22166586)
    Capitalism suffers from the same problem as Communism and Anarchy. In order for it to work, people need to not be jerks.

    The problem with solving poverty is that it costs money; investing money in things that will give no return is bad business. Unless we are willing to sacrifice things will never change. Even then it will be hard because there will not be an overnight change. It will take time and energy.

    We CAN make poverty history. We just have to be willing to pay the price and suffer for no other reason than it is the right thing to do.
  • by sam_handelman ( 519767 ) <samuel...handelman@@@gmail...com> on Thursday January 24, 2008 @10:38AM (#22166590) Journal
    Firstly, for governments to "encourage" private corporations to help the poor basically means: the government should give the rich some money, and the rich will, in turn, give a fraction of that to the poor.

    It's a scam to insert themselves into the revenue stream and suck at the public teat.

    This is a bit off-topic, but I'm going to reproduce something my mother (who is a teacher) wrote in respect to the similarly-phrased venture philanthropy plans in education. Sorry that it is long, but since educationally venture philanthropy is very much part of the Gates' foundations agenda, it's relevant in entirety. I did the html formatting, but the content is my Mom's [xkcd.com]:

    Background. [bostonphoenix.com]

    "Educational Entrepreneurship" is an enormously powerful nation-wide effort to sub-contract educational administration, curriculum, and professional development services in low-income public school districts to private for-profit partners, after districts are taken over under NCLB [wikipedia.org]. Mass Insight [buildingblocks.org] is a leader in this drive, and you can view its proposal to coordinate the takeover process for its partners in a report on its website. They are explicit, in their report, that their eventual target is to take over the entire public education system and run it, free of "bureaucratic interference." [massinsight.org]

    Another powerful player is New Schools Venture Fund [newschools.org], which has just added former Mass. Education Board chairman Jim Peyser [newschools.org] to its partners; The Gates Foundation is a backer [gatesfoundation.org], and the Harvard Business School now offers MBA classes in [hbs.edu]
    Educational Entrepreneurship.

    The eventual for-profit providers of services are located under several layers of interlocking "advocacy" organizations, with a conscious strategy of leveraging investment of public and private money to promote the takeover. Texas, Massachusetts, and California are epicenters of the project, where Republican governors have built Education Boards dominated by adherents. An example of a "partner" might be K-12 Inc, which went public last week with a stock offering that raised $108 million, according to the current issue of Education Week. [k12.com]

    The rationale for forcing public schools to consume these private services is that the services are "research-based" and have proven their effectiveness. A problem is that the research is often biased or distorted by researchers with hidden agendas. In many cases, especially in Texas, it was fabricated outright [she means Reading First [wikipedia.org]]. Most activity has been in math and reading, since those are the high-stakes targets of NCLB. But as concern has risen over the condition of science instruction, vast amounts of money have been appropriated to improve it, and entrepreneurial attention has now focused on science education.

    As you may know [remember this was originally sent to other teachers], the federal "What Works" clearinghouse has

  • by SmallFurryCreature ( 593017 ) on Thursday January 24, 2008 @10:45AM (#22166674) Journal

    We had a story about it just a little while ago "MS ties charity to the use of Windows". I have absolutly no doubt that Bill Gates would LOVE to help the poor, with "free" MS software.

    No not because he is an evil self-serving asshole. Lets be brutally honest here, MS software is the best in the world, and Bill Gates is the living proof of it. If MS software isn't the best in the world, why does everyone use it making Bill Gates one of the richest man on earth?

    Because lets undestand this very clearly, compared to all the other very rich men on earth, Bill Gates got that way by basically selling a SINGLE product, later expanding that to a massive TWO. (Okay not exactly, but compare this to other giant companies like IBM, HP or the japanese giants and MS product catalog seems awfully thin).

    I think their is something very subtle corrupt about PRIVATE donations, when even a Morning Musume sketch knows it, you have to wonder why any sane society allows it.

    In a sketch some childeren have an argument, one is rich, the others aren't. Rich kid complains to parents, parents talk to the schoolteacher and threathen to cut their donations.

    A more classic example is religious charity, you can have our cash, but you got to listen to our sermon and if your religion ain't right, well we might not even give you anything at all.

    I think charity should firmly be in the hands of a goverment, they are not the best but at least they can be voted out. If I want to donate a million dollars I shouldn't really be able to attach any restrictions to it. If you allow that you essentially allow the rich to dictate the live of the poor. Schools only get Bill Gates money if the schools only windows, can this even be called charity anymore? What next, schools that don't expell kids who pirate MS windows will get no funding?

    No, I think Bill Gates is the last person I want in control of society, not just because he is ammoral business man, but because he also had that amorallity work for him all his life. Do you want a human being telling the poor how to life who has never ever been poor? Who with his monthly income condems countless others to poverty.

    This has to do with the concept of average income. If the average income is 1000 dollars and one person make 10.000 then 9 people earn nothing at all

    If he is truly that worried about society, the answer is simple, PAY MORE TAXES. MS has made it an art to find way to dodge paying taxes over its gigantic earnings. But that offcourse won't happen, wether tax money is wasted or not is not the issue, Bill Gates has little to say on how taxes are spend, why it might even go to the NSA on projects to improve Linux. Schools could decide themselves what software to use. The end of the world!

    There are some fans of Bill Gates who point out his charity work, but frankly for a man that is that rich, it is pathetic and a lot of it can be traced back to ways of forcing the use of windows.

    Also there is this to consider, if I make 1000 dollars and donate 100, that is a huge amount. If I make a million dollars and donate 100.000. The amount is far greater but the impact on me is far smaller. If I have billions, then I could donate 95% of my wealth and still life the life of the filthy rich. Gates don't donate 95% of his wealth, not even 10 percent. Important thing to consider.

    More controll by business over our society, yeah thanks DO NOT WANT!

  • Moral credibility (Score:4, Insightful)

    by BobandMax ( 95054 ) on Thursday January 24, 2008 @10:45AM (#22166684)
    His statements would have more credibility if he dedicated Microsoft to cease illegal, anti-competitive behavior. You know, a kinder, gentler capitalism.
  • by duggi ( 1114563 ) <prathyusha_malyala.yahoo@com> on Thursday January 24, 2008 @10:46AM (#22166704)
    Fundamentally, there is no difference between what Grameen bank does in Bangladesh and what the sup prime mortgage industry in US does, sell to poor. The key difference is that of intent, Grameen is genuinely interested in helping the poor, but the moneylenders in US are trying to make money. Note that Grameen is not in for charity, but not in for money either. I guess this is what Bill Gates was referring to, when he said "Kinder Capitalism".
    I don't think we should discriminate based on who said it, but what was being said. All of us can see the irony here, but how many of us are willing to see the point? I guess this is a good turn of events, A rich businessman focusing on (helping) the poor. This is like a strong statement of intent, and I sincerely hope to see some form of action plan from Microsoft towards it( well, I know this is not gonna happen , but still...). Somebody, please take the lead.
  • by hitmark ( 640295 ) on Thursday January 24, 2008 @10:46AM (#22166710) Journal
    err, they already have. or at least for the most likely epidemic sources.

    these days its the smaller gene- or bio-labs that come up with new ways to kill the most common threat to out bodies, not big pharma.
  • by A nonymous Coward ( 7548 ) * on Thursday January 24, 2008 @10:49AM (#22166752)
    The only problem with capitalism is that monopolies (hi, Bill!) distort Adam Smith's free market.

    As for aiding the poor ... food aid clobbers the only useful sector of third world economies, and agricultural tariffs prevent them from getting any realistic prices for what's left. The third world is left with no way to better themselves. They end up dependent on handouts from rich countries.

    And my fav current topic, the patronizing smugdiots who want to send food (which destroys their only chance at self-sufficiency and export income) to the third world instead of OLPC laptops (which saves them money compared to physical distribution of outdated textbooks in foreign languages). Or want to shove Windows on more expensive less capable laptops at them to lock them into a foreign monopoly instead of free source from which they can learn.

    Hell of a way to keep 'em down on the non-farm. See what you can do about that, Bill.
  • Bill's not all bad (Score:2, Insightful)

    by dmsuperman ( 1033704 ) on Thursday January 24, 2008 @10:49AM (#22166760)
    Does no one else realize how much money he has given away? I'm not saying that his company's practices are right by any means, but don't act like he simply makes boatloads of cash and then hordes it all. He has many mutli-billion dollar donations under his belt, and while you may say "but he has so much to spare", it's his money. If he wanted, he could keep it. That's what's great about America, you can do what you want with your money.

    So no, I'm not saying that MS has the greatest practices in the world in regards to monopoly, and their software mostly sucks, but at the same point don't act like Bill is an evil money-hording pirate.
  • Gates, and humanity, would be better served if he acted like the real "Robber Baron" of American history.

    The great robber barons - Carnegie, Rockefeller, and really, a lot more, all invested rather heavily in some basic infrastructure that continues to improve the USA to this day. All of the great robber barons ploughed their vast fortunes into libraries, universities, hospitals and other enterprises and essentially created, ironically, all of today's "liberal" institutions. While its admirable that he pours a lot of money in fighting HIV in Africa, if he actually built universities, vocational schools, or even just invested in existing ones, ultimately, the world would be much better served. Do you want humanity to genuinely improve? Good. Go set your school of choice up with an endowment so that they can buy a new supercomputer every couple of years.

    While you are it, maybe these billionaires ought to do what Henry Ford did and pay their workers wages far above what everyone else was getting paid at the time. You know, maybe create a real middle class again!
  • by Lane.exe ( 672783 ) on Thursday January 24, 2008 @11:01AM (#22166944) Homepage
    Even if that were true (and I doubt that it is), doesn't it bother you that the motivation of the people developing drugs is only to make themselves rich? I'd rather have a researcher at a non-profit or a university developing my drugs. That way, the only concern she has is my health, not meeting the bottom line of a corporate ledger book. If Enron, Worldcom, et al. have taught us anything, it's that corporations will do anything in the name of their bottom line. I'm not saying that the public sector is without corruption or things that are done wrong, but there is less of a motivation to cut corners when the only benchmark of your success is accomplishing your goal.
  • Re:Bollocks (Score:3, Insightful)

    by aproposofwhat ( 1019098 ) on Thursday January 24, 2008 @11:03AM (#22166984)
    No - it has a lot to do with markets, just not in the way that the idealistic GP thinks.

    It has lots to do with, for instance, perversion of the markets by the protectionists of the developed world who subsidise their agrobusiness interests and thus artificially depress the market price for the very cash crops that would allow third world economies to sustain themselves.

    It has a lot to do with the ultimate market Big Lie that is GATT - structured to allow parasitical 'service' companies from the developed nations profit from the loans given to developing nations by their friends in the World Bank and IMF.

    It has a lot to do with Invisible Property laws and treaties that restrict the ability of developing countries to use knowledge for their own benefit without paying over the odds to some shyster patent troll or well padded pharmaceutical executive.

    A free market system would benefit the developing world hugely - but there are too many vested interests in the developed world that would suffer in such a market, so it isn't likely to happen.

  • Re:Really Bill? (Score:3, Insightful)

    by Lane.exe ( 672783 ) on Thursday January 24, 2008 @11:05AM (#22167014) Homepage
    Statistics. From a peer-reviewed journal. Now.
  • Re:Really Bill? (Score:5, Insightful)

    by ozborn ( 161426 ) on Thursday January 24, 2008 @11:05AM (#22167018)
    The comments of Bill Gates may be derived from guilt and arrogance but to say that capitalism can't be "improved" (whatever that means) is just political posturing. That you believe the current economic system is the best of all possible economic systems (for all time?!) is equally arrogant.

    What capitalism can't be improved? Capitalism like in the US, in Russia, in Saudi Arabia, in Congo? What sort of improvements work or don't work and why? I think it is more important to ask and answer those sorts of questions than offer up a sweeping defense of capitalism.

    I also suspect that most people would agree that public ownership of the means of production in some industries (fire department, basic scientific research, health care, etc..) may not be such a bad idea after all.
  • by redelm ( 54142 ) on Thursday January 24, 2008 @11:09AM (#22167082) Homepage
    To the extent that capitalism still exists (I have my doubts, it is mostly mercantilism now), I believe most of the ills could be solved if the capitalists (shareholders and their agents) would adopt a longer time-frame in their return calculations.


    Most of what is criticised is nothing more than actions which yield short-term gains at the expense of long term profitability. The long term is ignored because the level of change in modern society tempts people into believing their current actions have no predictable consequences. But they do. Helping the poor, or taking care of your workers (as Henry Ford did) has a long-term payoff.

  • More gibberish (Score:5, Insightful)

    by br00tus ( 528477 ) on Thursday January 24, 2008 @11:11AM (#22167130)
    In the US the media is dominated by corporations, whose majority-stake owners are capitalists, and their hegemony reaches to everything - schools, churches, the current major political parties, even the currently existing unions. Thus, almost all thought by people is steeped in this thinking by people, whether they are aware of it or not, especially amongst professionals and the like - but really almost everyone. We are not like Italy in the 1970s, where there were general strikes all of the time and communists were almost voted into power, leading to things like Operation Gladio [wikipedia.org] and P2 [wikipedia.org].


    The notion that the rich are not concerned enough for the poor is laughable. It is laughable because the rich are very concerned for the poor. Just not in the poor's interest. This is false political spectrum allowed in the US - conservatives or Republicans or whatever speak of a free market (whatever the phrase "free market" means - I don't see how a market selling potatos in the USSR for rubles is any difference than a market in the US selling potatos for dollars - the difference was always in production, not exchange). Speak of how opening restrictions on capitalism will help everyone, or some even say it doesn't matter, because people do not have an obligation to one another. Then there is liberalism and the Democrats - the problem is the rich do not care enough about the poor.

    Both are nonsense and are really two sides of the same coin. Just take a look at China today to see the purpose of the poor. With a 20% growth rate per year it is quite open what happens - the "market" heats up, profits go down as workers make and demand more (even in repressive labor conditions reminiscent of the early days of the western industrialization). So what happens? The state, controlled by Deng-Xiaoping-following "capitalist roaders" as they used to be called, begins laying off workers, and enclosure and the like happens in the farms out west, creating a flood of new workers, lower wages and higher profits. This has been happening in rural Mexico because of NAFTA (and other similar recent trade agreements), which is why the US's neighbor to the south for so many centuries suddenly has so many undocumented types from rural Mexico flooding over the border.

    The point is is that unlike in other economic systems - slave systems, the former eastern socialist systems, feudal systems - poverty is a necessity for capitalism. If it did not exist, workers would demand all of the surplus they create at their companies, and their would be no dividend checks going out. A practical truth, the framework (but not the details) of which were spelled out by Adam Smith, David Ricardo, Say, Malthus and all of the founders of economics. But this framework was tossed in the garbage can in the late 19th century, and Smith, Ricardo and all of the early economists realization of value being created by labor was tossed in the garbage and some new nonsense was brought in. Without unemployment, poverty, longer and longer hours and that sort of thing, Gates would have no fortune. His fortune is on the backs of his overworked, often H1B'd staff, but the poor and unemployed are an essential component and necessity to keep those profits. This view is one which is rarely expressed nowadays, yet, usually the less it is heard of, the more true it is.

  • Re:Bwaa? (Score:3, Insightful)

    by xaxa ( 988988 ) on Thursday January 24, 2008 @11:12AM (#22167144)
    I don't know about the general case, but sometimes the donated clothes really do go to people who need them -- after a natural disaster, for example. Round here, and unusable clothes get reused in industry (polishing stuff?). It's still (IMO) a better option than the trash, though I agree with your point on killing local industry.
  • by Wicko ( 977078 ) on Thursday January 24, 2008 @11:12AM (#22167150)
    When everyone criticizes Bill Gates for whatever reason, while he's donating money. WHO CARES?! He's donating money, stop bitching about what he's done in the past. It's not drug money, its not illegally obtained cash, its profit. However he obtained it, screwing others over, whatever, is pointless to rant about. Sure, I feel for his victims, but sorry, you got screwed, perhaps you should have done something differently. Even so, I'm not going to argue for or against Bill Gates for whatever he's done, I don't care if you know about Company X that got screwed over for reason Y.

    The point is, stop bitching about things like "He's only donating because he's rich" or "He made the donee use MS software in exchange". Donations are gifts, they aren't mandatory if you're rich or poor. Either way, these organizations are receiving these gifts and thats all that really matters. You don't have to praise him for it, nobody is asking you to do that, but you shouldn't bitch about it either. Just be thankful these organizations have more money than they did before (assuming these organizations are worthwhile).

    And seriously, why is it such a big deal that in exchange for a donation, he is asking an organization to use their software (I'm assuming he is donating that as well, or donations > cost to switch to MS software)? It is, in a sense, paying someone to use your software. It speaks a little bit for your software but in the end, the have (arguably) useable software and more money than they had before. Do these organizations complain about things like this? Certainly not as much as slashdotters apparently. In the end, "Don't look a gift horse in the mouth".
  • Comment removed (Score:5, Insightful)

    by account_deleted ( 4530225 ) on Thursday January 24, 2008 @11:14AM (#22167202)
    Comment removed based on user account deletion
  • Re:Great News... (Score:2, Insightful)

    by AndGodSed ( 968378 ) on Thursday January 24, 2008 @11:21AM (#22167324) Homepage Journal
    True but Gates headed MS for very long, and I think this is the pot calling the kettle a money shark...
  • by MightyYar ( 622222 ) on Thursday January 24, 2008 @11:22AM (#22167344)

    Even if that were true (and I doubt that it is), doesn't it bother you that the motivation of the people developing drugs is only to make themselves rich?
    No. There is a certain type of person that is extremely talented, but follows the money. I want these people working on my drugs. I want these people as doctors. Otherwise they just go get rich somewhere else and their talent is wasted. I live in New York City and hang out with geeks - physicists, engineers, and the like. We talk geek talk, but they all work in Wall Street. Wall Street loves smart people and pays them very, very well.

    I'd rather have a researcher at a non-profit or a university developing my drugs.
    We DO have people at universities working on drugs.

    That way, the only concern she has is my health, not meeting the bottom line of a corporate ledger book. If Enron, Worldcom, et al. have taught us anything, it's that corporations will do anything in the name of their bottom line.
    Absolutely - but that is why we pay the fine folks at the FDA, who despite falling down a bit on Vioxx, seem to do a pretty spectacular job.

    I'm not saying that the public sector is without corruption or things that are done wrong, but there is less of a motivation to cut corners when the only benchmark of your success is accomplishing your goal.
    And I have no problem with developing drugs in the public sector - but that doesn't mean it has to be all-or-nothing. Why would you forbid the private sector from developing drugs?
  • by hitmark ( 640295 ) on Thursday January 24, 2008 @11:25AM (#22167424) Journal
    hmm, why am i left thinking big pharma == record companies?
  • Not Fully Seperate (Score:3, Insightful)

    by Morosoph ( 693565 ) on Thursday January 24, 2008 @11:29AM (#22167490) Homepage Journal
    Microsoft's culture is primarily because of one man.

    True that now that Bill is separating himself out from MS, he has less influence, but you cannot suddenly isolate responsibility from him just like that. Besides, how much of his new-found generousity is "in kind", favouring one company's products?

    Although, in order to keep people's eye on the ball, my comment was somewhat simplistic, yours is even more so. Legal fictions are not reality, and Bill still has a lot of influence.

  • Re:Great News... (Score:2, Insightful)

    by innerweb ( 721995 ) on Thursday January 24, 2008 @11:33AM (#22167582)

    One of the greatest destroyers of capitalism speaks out on how to make a better capitalism? All this demonstrates is how so many people get starry eyed when a rich man speaks. If his company competed in the capitalistic world (not the monopolistic) and his company played above the board (do I really need to say anything here?), I would listen. If he wanted to talk about how better to crush other markets and chain people to product usage, I would listen. If he wanted to talk about how to violate anti-monopoly laws and make a profit, I would listen. If he wanted to talk about producing problematic software and make a killing, I would listen. But, on this not a chance. He does not have the resume in my opinion.

    InnerWeb

  • Re:Great News... (Score:4, Insightful)

    by Otter Escaping North ( 945051 ) <otter@escaping@north.gmail@com> on Thursday January 24, 2008 @11:43AM (#22167720) Journal

    Well, Bill Gates is on the record (1995) for deriding other CEOs as having only "finite greed" and not being competitive enough by moving into new markets. Odd that he would call for "kinder capitalism."

    Some point in the last few years, Bill Gates seems to have figured out he's roughly into the last third of his life, looked in the mirror, and didn't see anything there. It's clear he's decided to do something about that, and good on him for it.

    That being said, he's got a lot to explain as he touts his newfound (and very worthy) repudiation of hoarding. Kinder capitalism? Why don't you show us how it's done, Bill? If anyone's in a position to do it, you are. Show us.

  • by Belial6 ( 794905 ) on Thursday January 24, 2008 @11:45AM (#22167746)
    You have touched on the key to a kinder capitalism. I know you didn't say it, but the whole, "responsibility to the shareholders at any cost" idea is part of the problem. The biggest problem is that people and the courts have determined that "responsible to the shareholders" means "make as much money as possible", and means only that. There is no reason that it could not mean "will not use your money to rape the poor", or "will not use your money to commit crimes". Of course, perhaps, the law needs to be changed so that we don't have an entity with the rights of a human, yet no morals what so ever.

    Right off the bat, if we made the fines against corporations large enough to cause serious losses, CEOs would be required under the current system to stop committing crimes.
  • by Anonymous Coward on Thursday January 24, 2008 @12:13PM (#22168222)
    Bill Gates has never been poor in his life. His father is William H. Gates, Sr. [wikipedia.org], a prominent lawyer and philanthropist and his mother is Mary Maxwell Gates [wikipedia.org] who served as a United Way director and daughter of a banker.

    My theory: When people get older, they think about their life and their impact on the world at large, not just in their profession. Bill Gates is helping those less fortunate to boost his ego. Good, bad, or indifferent, that is his motive. Regardless, the outcome of philanthropy will be good.
  • Re:Great News... (Score:2, Insightful)

    by electricalen ( 623623 ) on Thursday January 24, 2008 @12:17PM (#22168292)
    Good question, but it goes far beyond Microsoft.

    Asking the current rich and huge companies to voluntarily give back some of their money is great and all, but the fact that they have huge globs of money to burn shows that the free market is not as free and fair as it should be. The capitalists make sure that employees are not getting paid what their market rate should be, they make sure competing products are eliminated, they buy up or sue the competition. Screwing over your employees and customers to gain enormous profits cannot be forgiven by giving some scraps to random poor countries and people. This has been the philosophy of Gates for a while, close your eyes to how you make your money, but give some of it away to feel kind and generous.
  • Re:Great News... (Score:2, Insightful)

    by SerpentMage ( 13390 ) on Thursday January 24, 2008 @12:26PM (#22168444)
    Ok I take you up on that offer...

    What did Bill Gates achieve?

    1) He never took home an outrageous salary like many of his CEO counterparts. For example many private equity CEO's take home billions and give nothing.
    2) He built a company and from the get go gave each employee the chance to get options and shares. This created an incredible amount of wealth for his employees.
    3) He built a market for third parties. Microsoft is and remains as powerful as they are because people can make money on it. How about Apple? How big is the third party market there? Apple has (in the early days you actually had to get a token) kept very tight control on who can develop on the Apple box. And third parties have to be "blessed" and pay homage to the alter of Steve Jobs.
    4) He brought down the price of software. Before Microsoft people were charging a fortune for software. Sure Microsoft plays games, but all for profit corporations do. For example ever look at the price list of say Oracle, IBM or many other vendors? Sun used to charge outrageous fees.

    Yes Microsoft plays hard ball. They are a tough competitor and not to be underestimated. But when all is said and done Microsoft and Bill Gates will not look like the villain that many like to portray.
  • Re:actually (Score:3, Insightful)

    by alexgieg ( 948359 ) <alexgieg@gmail.com> on Thursday January 24, 2008 @12:29PM (#22168514) Homepage

    Though the Soviet Union was founded in the spirit of Marx's work, it was by no means the kind of state that Marx thought would necessarily appear.
    The interesting thing is that Marx never wrote about what the communist state would be, only about what you'd need to have before it that would lead to it (and yes, that included a generically understood "dictatorship of the proletariat" -- the URSS was Lenin's understanding of what such a dictatorship meant in the fine details).

    And why didn't he talk about the future society? Because his method forbids it. If one believes (and this is just a belief, no matter how much one says it's a "science") that History unfolds in a dialectical pattern, then any attempt at guessing what comes two or three "steps" from now is in vain.

    That's also the reason why even nowadays you cannot get an answer to this question from any leftist. All they "know" is that they must practice the "antithesis" of what currently exist (the "thesis"), that at some point both will be overcome by a "synthesis", which in turn will become a new "thesis" with its own "antithesis", to be overcome by a new "synthesis", and so on and so forth, until the "a new world is possible", whatever it is, comes to happen, and then there will be bliss everywhere for all of eternity.

    Anyone who is a cynical and isn't a leftist can see that the Marxist "scientific" understanding of History is hardly more than a secular version of the belief in the monotheistic Heaven. You take what for Christians is "located in Eternity" and place it "in the Future", all the while identifying yourself as the chosen one whose destiny is helping it to happen. And since it's an undetermined future, thus something you can never know whether was or wasn't already reached, and if not, what's the distance between "now" and "then", what specifically still needs to be done, this results in that anything you wish can be put in that void.

    That's why the typical communist will always say that a "communist society" never existed. Because the society he himself thinks should exist (the one he right now is thinking about, because tomorrow he might change his mind on some detail), that one isn't equal to any which actually existed, even when its founders called themselves communists. The ideal society of his dreams is always, by definition, "in the future". Always.

    As such, he is always justified both in the acts he takes that he believes will bring "the future" to fruition, as well as in his criticism of other marxists whose acts don't (right now) fit nicely with his (own, personal) model.

    Anything goes, literally.
  • by cmpalmer ( 234347 ) * on Thursday January 24, 2008 @12:37PM (#22168658) Homepage
    Well said. I wish I had moderation points.

    I think the government's role should be to protect people from being screwed, but NOT to make sure that everyone is "equal".

    Personally, I think socialism and communism are wonderful ideals that have never been proven to be compatible with human nature and human society and are likely never to be. For example, no one would disagree with the statement "The world would be a better place if there were no violence", but there is no way the world would achieve that without fundamentally altering human nature. Likewise, saying that if all wealth was distributed more equally we would eliminate poverty and prevent rich people from controlling the world through the power of their money is a great ideal as well. What actually happens in real world attempts to do this? People cheat. Some people see now difference between working hard and not working at all, so they leech off the system. The only way to enforce this equality is by government control, but the government is composed of people who now have control of production and distribution, so the power base and all of the same (and worse) abuses are present. People with the talent and drive to excel are repressed. From my reading of history every attempt at establishment of societies based on these principles, from a commune of a few dozen people to the U.S.S.R. and China have failed and failed in ways that, in hindsight, are perfectly obvious based on human nature.

    I also can't figure out why the open source, anti-corporation, "information should be free", crowd (98%+ of Slashdot readers) advocate so many ideas that would result in top heavy, bureaucratically-bloated, hierarchical government agencies. Sure, everyone should have access to health care. Do we trust the U.S. government to provide a cost efficient, dynamic, scientifically aware program and agency to control it? I don't.

    The dangers and abuses of capitalism are obvious, but it's like the old saw about Democracy: capitalism is the worst economic system, except for all of the rest of them. People are competitive, they want and need to see rewards for their efforts. If one person or group does something better and/or cheaper than another, they are more successful. Prices are driven by supply and demand and no matter how much we would like to, they can't be controlled by government fiat. Government control of a single-side of the equation, supply or demand, is even worse. Property rights are essential for any system of modern banking. You can also attack the banking system as well, but overall it works and money economies are not zero sum, but closed economies and barter economies are zero sum (or less).

    For example, why would a company, a bank, or a government loan you money (or borrow money from you in stocks or bonds) if there were no interest or dividends? Even if they did, how would any risks be mitigated without collateral? The most common collateral is property, so if you don't have legal property rights, you don't have any collateral. But interest rates are so unfair, they should be capped to prevent abuse. Fine, cap them. Then what happens when the risks exceed the expected return? No entity in their right mind would lend any money, so you have stagnation. Or, if they are able, people would go outside the legal systems to borrow money and these illegal (or external) money lenders would compete how? Capitalistic market forces. Check out your history books - the same pattern of mistakes and corrections have appeared many times. This is one reason why when I heard someone praise Hugo Chavez, I pretty much tune out anything else they have to say.

    Capitalism is not fundamentally incompatible with ending poverty. As the parent poster (and others) have pointed out, a capitalist entity wants to grow its markets and poor and dying people make bad customers, but affluent, healthy, intelligent people make great customers. Over the years, altruism has also become a marketable asset and many people are more or less willing to buy products fro
  • by Bellum Aeternus ( 891584 ) on Thursday January 24, 2008 @01:13PM (#22169274)

    I'd go so far as to say that it's common knowledge that 'Big Pharma' doesn't want to give you a cure - just something for the symptoms. Curing a problems makes is go away, reducing the symptoms of an incurable disease is money in the bank. Sycophants.

    Yeah... I for one won't mind seeing 'Big Pharma' in bankruptcy right next to the **AA.

    No, the cure to the next plague will come from an independently funded research group or non-profit. The plague will probably come from Monsanto [monsanto.com].

    Gates is right, we need to figure out a way for capitalism to inspire humans to help humans, and the planet in general. Capitlism makes use of our natural greed to create productivity and it's been a wonderful invention - but now it's time to upgrade. Capitalism Vista? Oh, wait - I said "upgrade".

    On a side note: ever notice how even the most ruthless people seem to become 'nicer' when they start getting older and start to see the 'big picture'? I guess it'll even happen to little Billy Gates... speaking of sycophants.

  • Not At All (Score:5, Insightful)

    by MarkPNeyer ( 729607 ) on Thursday January 24, 2008 @01:30PM (#22169504)
    Communism and Anarchy would only work if people were not jerks - you're right about that. Capitalism works because it's based upon the assumption that people will be jerks. The point of a market economy is to try to make it so that even selfish jerks are forced into helping other people. Without government intervention, the best way to make a ton of money is to do your damndest to help your fellow man by building a company that produces desired goods at dirt cheap prices.

    The key problem with capitalism is that the government does interfere with the markets - you get big corporations (aka microsoft) pressuring the government to give them special breaks and abilities. Government subsidies are NOT a part of capitalism - they run counter to the nature of free markets.

    The idea that capitalism encourages greed is akin to saying that having fire departments encourages people to start fires. People will be greedy no matter what social system they live in - captialism is simply designed to alleviate that condition as much as possible.
  • by petehead ( 1041740 ) on Thursday January 24, 2008 @01:31PM (#22169516)

    I think charity should firmly be in the hands of a government, they are not the best but at least they can be voted out. If I want to donate a million dollars I shouldn't really be able to attach any restrictions to it.

    Not to be harsh here, but that is the dumbest idea I've heard in a long time. Even without considering the logistic nightmare and the large portion of a donation would be lost due to government overhead. I totally disagree with you on a fundamental level.

    If it is my money, why shouldn't I distribute it in the way that I, not some elected official + government bureaucracy wants. Because I am helping in a way that I think is best and not how you think is best? And I don't think that my intended charity should have to wade through the shit to maybe get a piece of what I donated. If I donate it to a specific charity, I can see exactly where the money, MY money, is going. And maybe I don't think the government bureaucracy is distributing funds the right way.

    If I am religious (I'm not), why the hell should it be required that my donation be able to be used for something contrary to my faith and vice versa? In fact, there would be no more religious contributions due to the separation of church and state. Fine, I don't donate to churches, but my parents do and I think that any arrogant fuck who criticizes them because they do is closed minded and ignorant.

    If my charity money is required to go to the government, I am essentially voluntarily taxing myself. Having the charity in the hands of the government is a sure way to cut down on individual charitable contributions. That being said, they should restrict the hell out of corporate charity...
  • Re:Great News... (Score:2, Insightful)

    by jimbojw ( 1010949 ) <wilson DOT jim DOT r AT gmail DOT com> on Thursday January 24, 2008 @01:31PM (#22169520) Homepage

    Odd that he would call for "kinder capitalism."
    Oooohhh, now I get it. "Kinder" as in "less mean". Up till now I thought he was espousing "kindercapitalism" as in "kindergarten"
  • Re:Great News... (Score:5, Insightful)

    by Znork ( 31774 ) on Thursday January 24, 2008 @01:54PM (#22169914)
    This created an incredible amount of wealth for his employees...

    Which was taken from other parts of the economy and, in the case of anticompetetive practices, from other peoples employees.

    He built a market for third parties.

    On third parties you mean. Within the Microsoft sphere you can make exactly as much money as Microsoft lets you; get too popular and they cut off your airsupply. The lucky companies got bought, but most were simply killed off.

    How about Apple?

    Apple is hardly a posterboy for a competetive market either.

    He brought down the price of software. Before Microsoft people were charging a fortune for software

    Hardly. Software for similar class computers was often cheaper in those days; Amiga, Atari and other low end home computers had a thriving ecosystem of inexpensive software producers. Microsofts ride on IBM into the business world more likely extended higher prices for longer than they'd have survived without MS. And probably held back software development several years.

    Oracle, IBM or many other vendors?

    The computing industry is full of expensive crapware. Neither Apple, Sun, IBM or Oracle have a clean history. Nor are they poster boys for free market capitalism. Some seem to have learned a lesson, while some are hardly shining examples today, even compared with Microsoft (Apple, Oracle).

    Microsoft and Bill Gates will not look like the villain that many like to portray.

    Yes they will. While many others are as bad or worse, only Microsoft has had the sheer prevalence to hold back progress and damage the field of computing that much.

    Mainly it's the flawed concept of intellectual monopoly law that's been the weapon in their hand, but the decision to use it against the free market as they have was theirs.
  • by itguru_81 ( 941467 ) on Thursday January 24, 2008 @02:40PM (#22170710)
    Not even remotely accurate and very flawed logic.

    You miss a number of things. For example, much of Bill Gates wealth is NOT cash... it is tied up in things like shares of microsoft, which continue earning him money and PROVIDE for the Philanthropy he is doing. So yeah I can spend 95% of my 56 billion WORTH (53.2 billion) and live off the rest for the rest of my life or lets make it 99%... whatever. But that money is now only used to sustain ME, the deed is done.

    Now if you take say 26 billion(the amount Gates has donated over the last 6-7 years and he has donated more and more each year) and leave a large amount unspent(Gates Foundation, Microsoft Shares, other stocks, investments, etc) oh wow... I can easily donate 5-10 billion to charity EVERY YEAR for 50 years and serve NEW problems/causes that arrise, not get wasted on 50 million dollar artwork and bridges to nowhere by the government and be done with it.

    What you don't realize is many of the problems you want fixed, the government already HAD the money to fix them, but they spent it on other things to line political pockets and give themselves more power and influence.

    Lastly by not spending it all at once, Bill Gates foundation can maintain accountability for the money. If I give an institution 1 million dollars this year, and I see that it is being well spent, I can give them 2 or 5 million next year. So when you see him donate what you think is a "small" amount to a charity, keep in mind that sometimes it is part of an annual donation.

    Oh, and after all this, I am NOT a huge Bill Gates fan. Some of it was legitimately earned, some of it not in my opinion. But I AM encouraged by his charity work now with that money combined with Warren Buffet.

    Oh, and about your example of "religious charity", what you need to understand is that religions that operate that way(specifically christian ones) are total BS. That is not a biblical view of charity at all, at the church I went to we regularly gave food vouchers to the local grocery store for people who came and asked. (The church is located in one of the poorest ghetto areas as well) Those people almost NEVER came to a church service, nor were they ever asked to. They were never asked their religious background, they were hungry and they were fed. And do you know the funny thing is? The store manager would sometimes not even charge us for the food vouchers so he could help many people he felt needed it. Our charity inspired even more charity. We sometimes even helped people with rent or power bills. It met the NEEDS of the community. Thats the way it is SUPPOSED to work, no strings.

    Just because you experienced one thing, doesn't mean its always that way or that you give up on it.

  • Re:actually (Score:3, Insightful)

    by cromar ( 1103585 ) on Thursday January 24, 2008 @03:28PM (#22171474)
    Anyone who is a cynical and isn't a leftist can see that the Marxist "scientific" understanding of History is hardly more than a secular version of the belief in the monotheistic Heaven

    Actually, you are thinking of Hegel [wikipedia.org]. Marx's idea of history was a constant struggle between the poor and the rich elite. There's no reason to bring in Christianity. Is this personally how you feel comparing yourself to "lefty Marxists?" Perhaps it is wishful thinking, but it has nothing more in common with Christianity than any (secular | atheistic | monotheistic | polytheistic) idea of Utopia.

    That's why the typical communist will always say that a "communist society" never existed.

    There really have been no communist societies. People have tried (often as a deception), but there has never been a true communist society. None of the supposed communist nations have ever gotten past the point of having a dictator ruling the country - one of the key parts of communism is rule by the masses. (And believe me, I'm not so naive as to accept the whole of communism. I'm fairly socialist, but not a Marxist.)

    This sort of left vs. right crap is blinding you to even a basic understanding of what you're talking about. Go beyond right vs left and look at the actual issues and theories being discussed. And I'm not saying this because you are anti-Marxist or anti-"lefty" or whatever. You simply do not understand the subject you are talking about.

    Don't speak on shit unless you know the deal, son.
  • Comment removed (Score:5, Insightful)

    by account_deleted ( 4530225 ) on Thursday January 24, 2008 @04:31PM (#22172518)
    Comment removed based on user account deletion
  • Income != Salary (Score:2, Insightful)

    by nukenerd ( 172703 ) on Thursday January 24, 2008 @04:58PM (#22172936)
    1) He never took home an outrageous salary like many of his CEO counterparts.

    Funny he got so rich then. Actually, we weren't born yesterday - the salary of these guys is hardly relevant. Income != Salary. Most of the income of company owners is in profits taken and share values.

    2) He built a company and from the get go gave each employee the chance to get options and shares.

    What has the income of these qualified professional people got to do with "The Poor"

    3) He built a market for third parties.

    He did not build it, it arose. The policy of an open PC with open APIs was IBM's (to which MS was originally contracted). Not even IBM invented that approach anyway, it already existed with CP/M for example. MS has till now kicked any third party in the head if it became too much of a rival (eg Netscape, Novell, even IBM in the software field).

    4) He brought down the price of software. Before Microsoft people were charging a fortune for software. ... For example ever look at the price list of say Oracle, IBM or many other vendors? Sun used to charge outrageous fees.

    Oracle, IBM, Sun ? .. You are comparing MS with professional software. MS's professional software costs a lot too. I happen to have a 1990 catalogue for CP/M software (I keep these things to debunk people like you). 19 GBP (~$25?) for Locoscript word processor, 28 GBP for Masterfile databas; I leave you to adjust for subsequent inflation but it's about a factor of three here in UK.

    ... when all is said and done Microsoft and Bill Gates will not look like the villain that many like to portray

    Sorry, they've blown it. They are on record as law-breaking monopolists who lean on governments, contemptuously disregard the orders of the European Government, play dirty tricks that exploit their near monopoly, and brazenly corrupt the processes of the International Standards Organisation in their own favour. Just as a few examples.
  • Re:Not At All (Score:1, Insightful)

    by Anonymous Coward on Thursday January 24, 2008 @07:56PM (#22175464)

    "Without government intervention, the best way to make a ton of money is to do your damndest to help your fellow man by building a company that produces desired goods at dirt cheap prices."

    Oh, that's incredible naive.

    Some thoughts:

    Why would I avoid government intervention, if that is in my best interests? Can I buy some legislators? Can I fund several candidates to key government positions? Can I bribe someone to pass legislation that hurts my opponents? Can I hire some previous official to gain access to privileged government information? Or better, can *I* get elected, so I can protect my familiy/group/clan best interests?

    I think, that in fact, some of the best ways of making money is to associate with the government.

    Although it's an interesting question: What is the best way to make a ton of money?

    Case in point: Carlos Slim.

    Second, you seem to think that the cheapest price translates into highest profits. I won't even comment on that. But, even if it where so, the central problem is:higher profits doesn't have anything to do with society's best interests.

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