Friday, June 27, 2008

Debating Bill Gates' "Creative Capitalism"

Pretty interesting point-counterpoint series compilation here. The main criticism from libertarians/capitalists that I agree with is that markets don't need to be directed towards social objectives, they happen on their own in recognition of demand once clear rules for property rules are set and governments get out of the way.

PS. I should note that if "creative capitalism" moves some of the old stalwarts and statists away from their traditional levels of success in development (which is to say very little to nil), then I'm all for "creative capitalism" as a stepping stone to just, "capitalism".

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