June 07, 2007
Gates call for "creative capitalism" stirs real estate philanthropy dream
We can make market forces work better for the poor if we can develop a more creative capitalism—if we can stretch the reach of market forces so that more people can make a profit, or at least make a living, serving people who are suffering from the worst inequities. ...
If we can find approaches that meet the needs of the poor in ways that generate profits for business and votes for politicians, we will have found a sustainable way to reduce inequity in the world.
This task is open-ended. It can never be finished. But a conscious effort to answer this challenge will change the world.
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It's definitely an interesting concept, and has a lot of pros and cons. An idea like that may take a while to catch on, and it will probably be a long time before it goes anywhere.
Posted by: louisville real estate | Jun 8, 2007 1:40:12 PM
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