Davos Annual Meeting 2008 - Bill Gates

Added: Jan 25, 2008

From: WorldEconomicForum

Duration: 36:55

http://www.weforum.org/annualmeeting 24.01.2008 A New Approach to Capitalism in the 21st Century William H. Gates III, Chairman, Microsoft Corporation, USA Chaired by Klaus Schwab, Founder and Executive Chairman, World Economic Forum

Channel: News

Tags: 2008  analysis  annual  bill  commentary  davos  davos08  economic  forum  gates  klaus  meeting  news  schwab  wef  william  world 

Rating: 4.57 (152 ratings)    Views: 57079' favoriteCount='303    Comments: 25

sharinganclan213 Says:

Jun 30, 2008 - if any1 understands a capitalist society, one society always feeds upon another country.

DRLAPAGLIA Says:

Jul 21, 2008 - Pro-Capitalism policies and Pro-Socialism policies will do nothing but SHIFT the social problems of society. DIFFERENT POLICIES WILL ONLY SHIFT PROBLEMS! Only technology solves problems and improves society. Feel free to subscribe to my videos. Thanks.

undefinedego Says:

Jul 29, 2008 - :) I like the way you think!

Marly61 Says:

Jul 30, 2008 - Wow, so when people's lives are saved by shifting resources from rich elites, one less yacht, to children born in the USA without health care (I know a 9 year old, without health care, who was murdered by the USA health care system from a tooth-ache) that is only shifting problems?

Marly61 Says:

Jul 30, 2008 - the politics of the global economy is a one-party system, dominated by a class of multinational investors and their client policy experts. We might call it the Neoliberal Party—or perhaps the Party of Davos, from the site (until last year) of the annual meeting of the world's financial and policy elite. In a one-party system, the absence of democracy is hardly a surprise. Although one can see the beginnings of a party in opposition (the Party of Porto Alegre?) in the anti-globalization protests.

Marly61 Says:

Jul 30, 2008 - neoliberalism's antidemocratic nature flows from the fact that it was driven by the technocratic class. To flourish professions do not need a majority of citizens to believe in their expertise. They require a source of payment for their services and/or support for their professional training. As in the United States, Mexican businesspeople were willing to foot the bills in order to change the way the country's educational elite thought about economics.

machphantom Says:

Aug 4, 2008 - I think gates hit on something here... as part of the social contract with the world we owe it to ourselves to find new markets where we can trade and develop.I'm not saying to force any one's hand, but certainly this is the direction we need to move towards.

amoll Says:

Aug 12, 2008 - uuummm need some deep thought !!

philosophyarchitect Says:

Aug 13, 2008 - A country where individual rights are consistently upheld is, in a sense, necessarily somewhat anti-democratic. Yes having government leaders elected is absolutely necessary to keeping a nation free, but to give the majority absolute rule over the individual is inherently unfree. But that is only by a broad definition of democratic.

philosophyarchitect Says:

Aug 13, 2008 - And only capitalism allows technology to flourish. Socialism/capitalism is not the passive transfer of a finite amount of wealth. The ability to keep and sustain private property is absolutely necessary for economic expansion and innovation. As a small, small example, go down the list on the economic freedom (i.e. capitalism) index and think about the general trend as the amount of this goes up and/or down.

philosophyarchitect Says:

Aug 13, 2008 - Our culture, unfortunately, opposes reason individualism and capitalism too much for a CEO-minded person to be elected even if he or she did run. Considering the sort of nonsense one needs to withstand to be a politician no wonder they don't run!

philosophyarchitect Says:

Aug 14, 2008 - The primary problem is the autocratic nature of those government which stops market economies from developing; when formerly controlled nations adapt market economies, they cease being third world, like Japan and South Korea and, it appears, near-future China. Maybe if the west stopped hating itself the people in these nations would be more likely to adapt what has made us flourish.

roxhana2 Says:

Aug 24, 2008 - I LOVE THIS GUY.

crazycutz Says:

Sep 12, 2008 - more like 34 minutes.. hm... so he actualy managed to get extra 4 minutes for free.. well done Bill :)

pipeorganloverNJP Says:

Sep 16, 2008 - You can't possibly think he'd time himself to the last second, could you?

linh111189 Says:

Sep 27, 2008 - he is a my best idol!

Marly61 Says:

Oct 1, 2008 - watch on YOUTUBE: "The Truth about the Wall Street Bailout: How "Free Market Capitalism" Really Works. Nader and Chomsky Explain the Game, a Nanny State to Take Care of the Rich"

Marly61 Says:

Oct 1, 2008 - Its funny that Socialism always bails out Capitalism (rich elites); its never the other way around.

Marly61 Says:

Oct 1, 2008 - Philososo, but what about reality? All the countries who rejected laissez-faire capitalism are now flurishing. They are all rejecting the structural adjustment programs supported by the Washington Consensus and there economics have turned around and away from the corporate welfare and elitist wealth transfer systems. Such all east asia, Argentina, Standard economic history recognizes that state intervention has played a central role in economic growth.

Marly61 Says:

Oct 1, 2008 - Standard economic history recognizes that state intervention has played a central role in economic growth. But its impact is underestimated because of too narrow a focus. To mention one major omission, the industrial revolution relied on cheap cotton, mainly from the United States. It was kept cheap and available not by market forces, but by elimination of the indigenous population and slavery.

smujismuj Says:

Oct 13, 2008 - What would be better....Transparent Socialism....or increasingly smaller groups of banking interests deciding what's good for everyone? Bill Gates believes in the market...that is his flaw. The market rewards greed, ruthlessness and profit, regardless of how profit is achieved. War is profitable, therefore those who profit from it will do whatever it takes to produce wars. Find someplace to hide, the world as we know it is coming to an end.

hongster76 Says:

Oct 14, 2008 - only the rich can afford charity, will u feed ur neighbor's child when yours is starving? in the game of capitalism, to get rich, u have to depend on the rich. when bread is abundance, the rich dont mind the poor feeding off the crumbs, but when resource is scarce, dont expect crumbs. if the rich is charitable, they will buy all the stocks in the stock exchange to keep the market afloat, but you see them in selling frenzy once they think their very financial interests are at risk.

9994448343 Says:

Oct 19, 2008 - Excellent......very great....

rightnow1212 Says:

Oct 24, 2008 - Profit is mostly created by creating value (for customers, employees shareholders). Wall Street and the debt filled current "American way" is garbage now I agree. Create wealth. Work hard-in an ethical manner-and make lots of money. Government (at the barrel of a gun I might add) takes 40% of everything earned and wastes much of it. Snuggle up to a nice read of "Atlas Shrugged". Capitalism works. What the elite in the USA have done is not only criminal-it is pure stupidity. Shmucks.

DannyKonopka Says:

Nov 1, 2008 - I take it as a sarcasm ;)