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A Conversation with Bill Gates, Warren Buffett, and Other Economic Leaders
Simon & Schuster
December 2008
On Sale: December 2, 2008
336 pages
ISBN: 141659941X
EAN: 9781416599418
Hardcover
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Non-Fiction
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.
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