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Essay / Research Paper Abstract
A 3 page summary and reaction paper to Making Capitalism More Creative by Bill Gates. No additional sources cited.
Page Count:
3 pages (~225 words per page)
File: JR7_RAreacc.rtf
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is perhaps, beginning to look at capitalism differently. Or, at least some capitalists are looking in a new direction. That direction involves what is commonly referred to as creative capitalism,
a form of capitalism that seeks to do good for others while making money. The following paper summarizes and reacts to Making Capitalism More Creative by Bill Gates. Reaction
Paper to Creative Capitalism In Bill Gates 2008 Time article Making Capitalism More Creative the author looks at the way in which businesses make money and how many companies, including
RED, are moving in new direction that benefits the world. He points out that in the world of capitalism there are many who are left behind, and left impoverished and
in need. He also argues that companies, as well as the government, cannot do it alone but perhaps need to work together to make creative capitalism a reality. He argues
that, "To make the most of those skills, we need a more creative capitalism: an attempt to stretch the reach of market forces so that more companies can benefit from
doing work that makes more people better off" (Gates, 2008). He indicates that there are many companies that are involved in this creative capitalism prospect and notes that, "Today
companies like Gap, Hallmark and Dell sell (RED)-branded products and donate a portion of their profits to fight AIDS. (Microsoft recently signed up too.)" (Gates, 2008). He argues that is
a very good thing which illustrates how, through capitalism, one can make a difference and how consumers and businesses do good and make gains through such encounters. He notes that
RED actually "generated $100 million for the Global Fund to Fight AIDS, Tuberculosis and Malaria, helping put nearly 80,000 people in poor countries on lifesaving drugs and helping more than
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