Saturday, February 9, 2008

Does Bill Gates want top-down capitalism?

According to William Easterly, Bill Gates' "creative capitalism" focuses on corporate-managed charitable projects. These are less effective; the best way to life the base of the pyramid (BOP) is to invest such that people will build profitable enterprises and lift themselves out of poverty permanently.

I must comment that I doubt that Bill Gates really hates his book, and may not even know about it; either way, this is a great job of marketing by Easterly.

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