Posted on 11/10/2010 12:15:35 PM PST by Sub-Driver
Bill Gates: Capitalism Has 'Systemic' Problems Government Should Address Bill Gates says that the federal government’s job is to address the “systemic” problems of capitalism. Wednesday, November 10, 2010 By Nicholas Ballasy
(CNSNews.com) - The CEO and Chairman of Microsoft Bill Gates said that capitalism’s “systemic" problems are not doing enough for research and “the needs of the poorest.”
“In general, the world under funds research because the person who takes the risk of doing the research doesn’t capture the full benefit of having done it and so you know, capitalism does amazing things but it has one systemic problem in terms of research that it won’t do enough,” Gates said at the mHealth summit in Washington on Tuesday.
“It has another systemic problem in that the needs of the poorest will not be prioritized the way they would if you put a more human values driven system in. Now, of course we have government that comes in and does it’s best to take, you know, the beauties of capitalism, which work for so many things and is so fantastic and whenever it can be used, it is better than government.”
(Excerpt) Read more at cnsnews.com ...
That’s easy to say when you have 20+ billion dollars in the bank.
Yea, the gov should have started with splitting up M$ years ago...lol Retired rich libs tickle me.
After he’s made his billions, he’s come to this conclusion...
Exactly. He has his — screw everyone else.
Would he be happy if Microsoft is taken by the government so that ‘more research’ can be done?
“I’ve got mine.”
So does your OS.
Yes it does! Like the billions you made off of that petri dish of a virus incubator you pawned off to the public.
Yes, billion dollar marxists were permitted to lobby the government to permit H1B scab labor to come into the country to work high tech jobs for below market wages so that fat cat rat bastards like Mr. Gates could become wealthy at the expense of his employees and those in the industry.
You mean like Windows Vista?
Why we should never assume that a “businessman” is even remotely conservative.
LOL! What a putz! For most of his career Gates has been an unapologetic, rabid, snarling, grasping capitalist who condemned anyone who sought to limit his personal wealth as a fascist. Now, that he is the richest man in the US, he decides that the very means he used to become insanely rich has “problems” that government must address. Bill, get lost.
Translation: I want government to eliminate my competition.
Nerd.
That’s pretty good!
Don’t you hate it when some fool, who has spent his entire life doing something, one thing, that he was good at, suddenly decides he is good at everything?
I hate to break it to Bill Gates, but his opinions on economics and social theory rate no higher than those found on dozens of internet forums.
Except for his ability to use his resources to foul things up for the rest of us.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.