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Easterly's Take On 'Creative Capitalism'

Bill Easterly responds to Bill Gates's "Creative Capitalism",he states :

That traditional capitalism has been the single successful driver of true poverty reduction and that, while it may not function as fast or as equally as we would like, it is the only solution that will work. In Easterly's mind, Gates was proposing a 'new' capitalism where corporate philanthropists would be recognized for supplying goods to the poor - a solution with weak incentives and a low likelihood of success.

via Next Billion

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