Ebook325 pages4 hours
Creative Capitalism: A Conversation with Bill Gates, Warren Buffett, and Other Economic Leaders
By Michael Kinsley and Conor Clarke
Rating: 2 out of 5 stars
2/5
()
About this ebook
Bill Gates is more than the world's most successful capitalist; he's also the world's biggest philanthropist.
Gates has approached philanthropy the same way he revolutionized computer software: with a fierce ambition to change the rules of the game. That's why at the 2008 annual meeting of the World Economic Forum in Davos, Switzerland, Gates advocated a creative capitalism in which big corporations, the distinguishing feature of the modern global economy, integrate doing good into their way of doing business.
This controversial new idea is discussed and debated by the more than forty contributors to this book, among them three Nobel laureates and two former U.S. cabinet secretaries. Edited by author and columnist Michael Kinsley, Creative Capitalism started as a first-of-its-kind online conversation that brought together some of the world's best minds to engage Gates's challenge. From Warren Buffett, who seconds Gates's analysis, to Lawrence Summers, who worries about the consequences of multiple corporate objectives, the essays cover a broad spectrum of opinion. Judge Richard Posner dismisses Gates's proposal as trumped-up charity that will sap the strengths of the profit-maximizing corporation, while journalist Martin Wolf maintains that the maximization of profit is far from universally accepted, and rightly so. Chicago Nobel laureate Gary Becker wonders whether altruistic companies can survive in a competitive economy, while Columbia Nobel laureate Edmund Phelps argues that a little altruism might be the right prescription for a variety of market imperfections.
Creative Capitalism is not just a book for philanthropists. It's a book that challenges the conventional wisdom about our economic system, a road map for the new global economy that is emerging as capitalism adapts itself once again to a changing world.
Gates has approached philanthropy the same way he revolutionized computer software: with a fierce ambition to change the rules of the game. That's why at the 2008 annual meeting of the World Economic Forum in Davos, Switzerland, Gates advocated a creative capitalism in which big corporations, the distinguishing feature of the modern global economy, integrate doing good into their way of doing business.
This controversial new idea is discussed and debated by the more than forty contributors to this book, among them three Nobel laureates and two former U.S. cabinet secretaries. Edited by author and columnist Michael Kinsley, Creative Capitalism started as a first-of-its-kind online conversation that brought together some of the world's best minds to engage Gates's challenge. From Warren Buffett, who seconds Gates's analysis, to Lawrence Summers, who worries about the consequences of multiple corporate objectives, the essays cover a broad spectrum of opinion. Judge Richard Posner dismisses Gates's proposal as trumped-up charity that will sap the strengths of the profit-maximizing corporation, while journalist Martin Wolf maintains that the maximization of profit is far from universally accepted, and rightly so. Chicago Nobel laureate Gary Becker wonders whether altruistic companies can survive in a competitive economy, while Columbia Nobel laureate Edmund Phelps argues that a little altruism might be the right prescription for a variety of market imperfections.
Creative Capitalism is not just a book for philanthropists. It's a book that challenges the conventional wisdom about our economic system, a road map for the new global economy that is emerging as capitalism adapts itself once again to a changing world.
Author
Conor Clarke
Conor Clarke is a fellow at The Atlantic Monthly and a former editor at The Guardian.
Related to Creative Capitalism
Related ebooks
The Capitalist's Bible: The Essential Guide to Free Markets--and Why They Matter to You Rating: 0 out of 5 stars0 ratingsGetting Started in Hedge Funds: From Launching a Hedge Fund to New Regulation, the Use of Leverage, and Top Manager Profiles Rating: 0 out of 5 stars0 ratingsKeynes's Way to Wealth: Timeless Investment Lessons from The Great Economist Rating: 3 out of 5 stars3/5Conversations With Warren Buffett Rating: 0 out of 5 stars0 ratingsThe Foolish Corner Rating: 0 out of 5 stars0 ratingsThe Philosophical Investor: Transforming Wisdom into Wealth Rating: 5 out of 5 stars5/5Capitalism, the Swiss Model Rating: 0 out of 5 stars0 ratingsInternational Funds: A Practical Guide Rating: 0 out of 5 stars0 ratingsWhat the F*ck Is Investing?: Investing for beginners Rating: 0 out of 5 stars0 ratingsInvesting in Dividends Rating: 0 out of 5 stars0 ratingsThe Financial Numbers Game: Detecting Creative Accounting Practices Rating: 0 out of 5 stars0 ratingsSummary of John Kenneth Galbraith's The Great Crash 1929 Rating: 0 out of 5 stars0 ratingsThe Intelligent Investor: Silicon Valley Rating: 0 out of 5 stars0 ratingsThe Intelligent Portfolio: Practical Wisdom on Personal Investing from Financial Engines Rating: 0 out of 5 stars0 ratingsHow Wall Street Works, 2nd Edition Rating: 0 out of 5 stars0 ratingsR&D and Productivity: The Econometric Evidence Rating: 0 out of 5 stars0 ratingsWarren Buffett Speaks: Wit and Wisdom from the World's Greatest Investor Rating: 0 out of 5 stars0 ratingsSaving the Sun: Japan's Financial Crisis and a Wall Stre Rating: 3 out of 5 stars3/510½ Lessons from Experience: Perspectives on Fund Management Rating: 0 out of 5 stars0 ratingsVC Investment Standard Requirements Rating: 0 out of 5 stars0 ratingsPractically Investing: Smart Investment Techniques Your Neighbour Doesn’T Know Rating: 4 out of 5 stars4/5Trillion Dollar Economists: How Economists and Their Ideas have Transformed Business Rating: 4 out of 5 stars4/5The Secret Language of Financial Reports: The Back Stories That Can Enhance Your Investment Decisions Rating: 3 out of 5 stars3/5Fundology: The Secrets of Successful Fund Investing Rating: 0 out of 5 stars0 ratingsTaming Japan's Deflation: The Debate over Unconventional Monetary Policy Rating: 0 out of 5 stars0 ratingsThe Value Proposition: Sionna's Common Sense Path to Investment Success Rating: 0 out of 5 stars0 ratings
Economics For You
The Richest Man in Babylon: The most inspiring book on wealth ever written Rating: 5 out of 5 stars5/5Divergent Mind: Thriving in a World That Wasn't Designed for You Rating: 4 out of 5 stars4/5Sex Trafficking: Inside the Business of Modern Slavery Rating: 4 out of 5 stars4/5How to Be Everything: A Guide for Those Who (Still) Don't Know What They Want to Be When They Grow Up Rating: 4 out of 5 stars4/5Quiet Leadership: Six Steps to Transforming Performance at Work Rating: 4 out of 5 stars4/5Economix: How and Why Our Economy Works (and Doesn't Work), in Words and Pictures Rating: 4 out of 5 stars4/5Economics 101: From Consumer Behavior to Competitive Markets--Everything You Need to Know About Economics Rating: 4 out of 5 stars4/5The Intelligent Investor, Rev. Ed: The Definitive Book on Value Investing Rating: 4 out of 5 stars4/5Wise as Fu*k: Simple Truths to Guide You Through the Sh*tstorms of Life Rating: 4 out of 5 stars4/5A History of Central Banking and the Enslavement of Mankind Rating: 5 out of 5 stars5/5Limitless Mind: Learn, Lead, and Live Without Barriers Rating: 4 out of 5 stars4/5You Can't Lie to Me: The Revolutionary Program to Supercharge Your Inner Lie Detector and Get to the Truth Rating: 4 out of 5 stars4/5Recession-Proof Real Estate Investing: How to Survive (and Thrive!) During Any Phase of the Economic Cycle Rating: 5 out of 5 stars5/5Confessions of an Economic Hit Man, 3rd Edition Rating: 5 out of 5 stars5/5The Lords of Easy Money: How the Federal Reserve Broke the American Economy Rating: 4 out of 5 stars4/5Capitalism and Freedom Rating: 4 out of 5 stars4/5Disrupting Sacred Cows: Navigating and Profiting in the New Economy Rating: 0 out of 5 stars0 ratingsEverybody Lies: Big Data, New Data, and What the Internet Can Tell Us About Who We Really Are Rating: 4 out of 5 stars4/5Principles for Dealing with the Changing World Order: Why Nations Succeed and Fail Rating: 4 out of 5 stars4/5Chip War: The Fight for the World's Most Critical Technology Rating: 4 out of 5 stars4/5Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism Rating: 4 out of 5 stars4/5The Sovereign Individual: Mastering the Transition to the Information Age Rating: 4 out of 5 stars4/5Predictably Irrational, Revised and Expanded Edition: The Hidden Forces That Shape Our Decisions Rating: 4 out of 5 stars4/5The Peter Principle: Why Things Always Go Wrong Rating: 4 out of 5 stars4/5The Hard Truth About Soft Skills: Soft Skills for Succeeding in a Hard Wor Rating: 3 out of 5 stars3/5Talking to My Daughter About the Economy: or, How Capitalism Works--and How It Fails Rating: 4 out of 5 stars4/5Men without Work: Post-Pandemic Edition (2022) Rating: 5 out of 5 stars5/5
Reviews for Creative Capitalism
Rating: 2 out of 5 stars
2/5
1 rating0 reviews
Book preview
Creative Capitalism - Michael Kinsley
͏.a book_preview_excerpt.html |ێ#GE `fkgvJ%3]*gbN2p*.IQO7_3JL.ǎǫxw_ۛLJwW~O^x5NC_mC]m?vW;C;VPmSz6S5buJnۮ.UUS蛶Wu8SX>0Ā1G>bT{@Cv8b0ܦy.9
edžc>=ǡ?~=jT1#x=VHE`im`2.+Nwm
]U؎i1ئ~N?몹03VcE2\lkn-~'Ify
&0ľrBc=c*Y2MMaxkgu:>{7a8M7*إ4Bv
F<"n= Fa6Umlch&X.i\C%og/$R
:X,=?{c_cӆo
}[Wni엓a?P"Ttlklg
е8`M&Nv;Oi9gn4o2LƥZ\ݎ:zN)
fTř!1␞V⼯¶:R
K'H
:vSĨ%n.眆9Cif7{
1ޙZOFvЈݐ՛<l3Ƒ1"lt0x~@Xdh=Pᖶ57Ǡ!n/$SsĀ2RS99.ȍIhx]nњ/B(Kϡ_)q!50 N=D;|v9Pgkk|xQ7ۅꀣ2m
hjŲ8)L]pi[lR& 5,,&
s@YDjڶ*V½_?͙vm=UE76K;N
UQ3phmr|Vl
ۀ杠V>Јkm:Ў<>v1.{E0Ed8;hK#ó#mTﰑ;HԎjs|
+%s.9P@DZe|8ptLoNM|48&pHxIV?oǧ;Rgl`Q_ʩ{/d~=α)rT4N\&C*|)B-S
IdmDkK[Ⱦ2lHMef ri+b hSfzEf*{WfضyM:ϋb$5
+r|7'=ǮjNx,.qdZY)Z.N :Aϱ-۪a]P"H{ %z<}#)i-= aw;-~1|OqYswQ+,DG
bn㭶/[|sݬv.ÕB8+:U! *#Q} VaTSX]vp: V|(W< C"es &v5=k9BD֮Of+BYgٝ~ΜkS4.J\E!` BȧF^~{meSGGP?OB
NJXҷ:m$:烯paNQGH8a)(GWdeU_b=O}a&H:1Aƣ0)u=@Z/I*A1bpzDn