Creative Capitalism: “A New Approach to Capitalism in the 21st Century”

by Bill Gates Prepared remarks delivered at the World Economic Forum, January 24, 2008, in Davos, Switzerland. Thank you for that welcome and for the privilege of speaking at this forum. This is the last time I will come to Davos as a full-time employee of Microsoft. Some of us are lucky enough to arrive at moments in life where we can pause, reflect on our work, and say: “This is great. It’s fun

[azaburecipes]

Bill Gates notes, "I believed that breakthroughs in technology could solve the key problems. And they do – increasingly – for billions of people. But breakthroughs change lives only where people can afford to buy them – only where there is economic demand."

[aki1770]

Bill Gates maintains:"The genius of capitalism lies in its ability to make self-interest serve the wider interest. The potential of a big financial return for innovation unleashes a broad set of talented people(.....)This system driven by self-interest is responsible for the great innovations(...)"