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Bill Gates: Capitalism Has 'Systemic' Problems Government Should Address
CNSNews ^

Posted on 11/10/2010 12:15:35 PM PST by Sub-Driver

Bill Gates: Capitalism Has 'Systemic' Problems Government Should Address Bill Gates says that the federal government’s job is to address the “systemic” problems of capitalism. Wednesday, November 10, 2010 By Nicholas Ballasy

(CNSNews.com) - The CEO and Chairman of Microsoft Bill Gates said that capitalism’s “systemic" problems are not doing enough for research and “the needs of the poorest.”

“In general, the world under funds research because the person who takes the risk of doing the research doesn’t capture the full benefit of having done it and so you know, capitalism does amazing things but it has one systemic problem in terms of research that it won’t do enough,” Gates said at the mHealth summit in Washington on Tuesday.

“It has another systemic problem in that the needs of the poorest will not be prioritized the way they would if you put a more human values driven system in. Now, of course we have government that comes in and does it’s best to take, you know, the beauties of capitalism, which work for so many things and is so fantastic and whenever it can be used, it is better than government.”

(Excerpt) Read more at cnsnews.com ...


TOPICS: Business/Economy; Government; News/Current Events
KEYWORDS: americanpolitburo; billgates; billiondollarmarxist; capitalism; gates; soros; spookydude; starkravingsocialism
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1 posted on 11/10/2010 12:15:37 PM PST by Sub-Driver
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To: Sub-Driver

That’s easy to say when you have 20+ billion dollars in the bank.


2 posted on 11/10/2010 12:16:52 PM PST by Puppage (You may disagree with what I have to say, but I shall defend to your death my right to say it)
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To: Sub-Driver

Yea, the gov should have started with splitting up M$ years ago...lol Retired rich libs tickle me.


3 posted on 11/10/2010 12:16:52 PM PST by DonaldC (A nation cannot stand in the absence of religious principle.)
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To: Sub-Driver
I can't decide who's dumber, Bill Gates, Jr. or Bill Gates, Sr.
4 posted on 11/10/2010 12:16:57 PM PST by E. Pluribus Unum ("Government has no other end, but the preservation of property." --John Locke)
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To: Sub-Driver

After he’s made his billions, he’s come to this conclusion...


5 posted on 11/10/2010 12:17:22 PM PST by abb ("What ISN'T in the news is often more important than what IS." Ed Biersmith, 1942 -)
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To: Puppage

Exactly. He has his — screw everyone else.


6 posted on 11/10/2010 12:17:32 PM PST by BenLurkin (This post is not a statement of fact. It is merely a personal opinion -- or humor -- or both)
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To: Sub-Driver

Would he be happy if Microsoft is taken by the government so that ‘more research’ can be done?


7 posted on 11/10/2010 12:17:50 PM PST by paudio (The differences between Clinton and 0bama? About a dozen former Democratic Congressmen.)
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To: Sub-Driver

“I’ve got mine.”


8 posted on 11/10/2010 12:17:50 PM PST by Tijeras_Slim (Pablo lives jubtabulously!)
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To: Sub-Driver

So does your OS.


9 posted on 11/10/2010 12:17:57 PM PST by WOBBLY BOB ( "I don't want the majority if we don't stand for something"- Jim Demint)
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To: Sub-Driver
"Bill Gates: Capitalism Has 'Systemic' Problems Government Should Address"

Yes it does! Like the billions you made off of that petri dish of a virus incubator you pawned off to the public.

10 posted on 11/10/2010 12:17:57 PM PST by avacado
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To: Sub-Driver

Yes, billion dollar marxists were permitted to lobby the government to permit H1B scab labor to come into the country to work high tech jobs for below market wages so that fat cat rat bastards like Mr. Gates could become wealthy at the expense of his employees and those in the industry.


11 posted on 11/10/2010 12:17:57 PM PST by a fool in paradise (The establishment clause isn't just against my OWN government establishing state religion in America)
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To: Sub-Driver

You mean like Windows Vista?


12 posted on 11/10/2010 12:18:00 PM PST by Carl LaFong (Experts say experts should be ignored.)
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To: Sub-Driver
Maybe Bill hasn't seen this: Stick Figure Logic: The Truth About Capitalism
13 posted on 11/10/2010 12:18:04 PM PST by Lucky9teen (Jobs? Nope! Economy? Nope! Disarm the U.S? Yep! Impeach the treasonous Marxist Muslim usurper bast)
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To: Sub-Driver

Why we should never assume that a “businessman” is even remotely conservative.


14 posted on 11/10/2010 12:18:04 PM PST by cripplecreek (Remember the River Raisin! (look it up))
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To: Sub-Driver

LOL! What a putz! For most of his career Gates has been an unapologetic, rabid, snarling, grasping capitalist who condemned anyone who sought to limit his personal wealth as a fascist. Now, that he is the richest man in the US, he decides that the very means he used to become insanely rich has “problems” that government must address. Bill, get lost.


15 posted on 11/10/2010 12:18:39 PM PST by pabianice
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To: Sub-Driver
Bill Gates: Capitalism Has 'Systemic' Problems Government Should Address

Translation: I want government to eliminate my competition.

16 posted on 11/10/2010 12:19:11 PM PST by dfwgator (Texas Rangers -Thanks for a great season.)
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To: Sub-Driver

Nerd.


17 posted on 11/10/2010 12:19:31 PM PST by trappedincanuckistan (livefreeordietryin)
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To: Carl LaFong

That’s pretty good!


18 posted on 11/10/2010 12:19:31 PM PST by taxtruth
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To: Sub-Driver

Don’t you hate it when some fool, who has spent his entire life doing something, one thing, that he was good at, suddenly decides he is good at everything?

I hate to break it to Bill Gates, but his opinions on economics and social theory rate no higher than those found on dozens of internet forums.

Except for his ability to use his resources to foul things up for the rest of us.


19 posted on 11/10/2010 12:19:36 PM PST by yefragetuwrabrumuy
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To: Sub-Driver
You know, if you just rearrange it a bit, it makes more sense:

Government Has 'Systemic' Problems Capitalism Should Address
20 posted on 11/10/2010 12:19:57 PM PST by Zarro (Clean out Congress)
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To: cripplecreek

Corporate Socialists have overrun this nation.

They indoctrinate employees on homosexuality and green gaia worship in the name of compliance training and then sell out the citizenry.


21 posted on 11/10/2010 12:20:03 PM PST by a fool in paradise (The establishment clause isn't just against my OWN government establishing state religion in America)
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To: Sub-Driver
Gates cannot be that stupid.

We have so addressed the supposed problems of capitalism that we are now closer to a socialist society than a capitalist society.

Socialism has many more problems than capitalism does, and we are living them right now.

ML/NJ

22 posted on 11/10/2010 12:20:07 PM PST by ml/nj
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To: Sub-Driver
“In general, the world under funds research because the person who takes the risk of doing the research doesn’t capture the full benefit of having done it and so you know, capitalism does amazing things but it has one systemic problem in terms of research that it won’t do enough,” Gates said at the mHealth summit in Washington on Tuesday.

The "systemic problem" is that there is too much government interference which CAUSES the lack of benefit accruing to the risk-takers. Government is the cause of the systemic problems, not the solution.

23 posted on 11/10/2010 12:20:13 PM PST by VRWCmember (Jesus called us to be Salt and Light, not Vinegar and Water.)
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To: Sub-Driver

Bill, STFU. If you are so concerned about the poor, how about donate 90% of your wealth to charity? What more can we do for the “poor”? We already give them free food and med care. How about free cars, Tvs, houses. Liberal elitist moron.


24 posted on 11/10/2010 12:21:16 PM PST by kgrif_Salinas
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To: Sub-Driver
Technology thieving folks like Gates should know why it isn't smart to invest in research and development.

Embrace and extend.

25 posted on 11/10/2010 12:21:19 PM PST by Paladin2
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To: Sub-Driver

The only “research” MS did was how to squash your competition and steal “their” research.....


26 posted on 11/10/2010 12:21:19 PM PST by sniper63 (I am the leader of the TEA Party, I, myself am the leader of me, myself for I am the TEA Party!)
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To: a fool in paradise

Wait till Michigan’s “Tough Nerd” takes office and shows us how conservative he really is. LOL


27 posted on 11/10/2010 12:21:58 PM PST by cripplecreek (Remember the River Raisin! (look it up))
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To: Sub-Driver

Government is the “systemic problem” with capitalism


28 posted on 11/10/2010 12:21:58 PM PST by GeronL (http://libertyfic.proboards.com <--- My Fiction/ Science Fiction Board)
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To: Sub-Driver

Gee Bill do you think that you would have developed Microsoft operating systems if you had been some working in some government funded research facility? Ditto for any other of the technological innovations of the last 50 years...contrary to what Joe Biden might think.


29 posted on 11/10/2010 12:22:20 PM PST by The Great RJ (The Bill of Rights: Another bill members of Congress haven't read.)
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To: abb

>> After he’s made his billions, he’s come to this conclusion...

Hey, he HAS his. Why should he care if the policies he advocates make it harder for you to get yours?

After all, he’s sooooo much smarter than us. The system that worked for him is flawed, and only he is smart enough to recognize that fact and fix it.


30 posted on 11/10/2010 12:22:29 PM PST by Nervous Tick (Trust in God, but row away from the rocks!)
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To: Sub-Driver

Why should the government address it? If there is still research to be done, and if there are still poor people in need, I guess Gates isn’t doing enough. Why doesn’t he take care of these things?


31 posted on 11/10/2010 12:22:54 PM PST by stevem
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To: All

IDIOT SAVANT


32 posted on 11/10/2010 12:23:10 PM PST by stephenjohnbanker
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To: Sub-Driver

Gee Bill, why don’t you move into a nice 2,400 square foot house and give the rest of your money away (you can keep a million or two to get by) and then I’ll listen to you. Until then, S-T-F-U.


33 posted on 11/10/2010 12:23:14 PM PST by Opinionated Blowhard
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To: Sub-Driver

Bill Gates is rich, smart, and BORED OUT OF HIS MIND. Please, somebody, find something that will occupy his brain and warm his heart so he’ll leave the rest of us the hell alone.


34 posted on 11/10/2010 12:24:07 PM PST by July4 (Remember the price paid for your freedom.)
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To: Sub-Driver

What a stooge.


35 posted on 11/10/2010 12:24:33 PM PST by ColdOne
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To: Sub-Driver
The free market works very well. The problem is that we don't have a free market. We haven't since at least 1913.

We have a mixed economy. And it doesn't work well.
What the Soviet Union had (and Cuba, etc.) is a socialist economy. That doesn't work well either.

Well, if socialism doesn't work, and if a mixed economy doesn't work -- why would more government intervention be the suggested fix? Why not less government? Why not a return to the free market? That's the thing that works.

36 posted on 11/10/2010 12:24:37 PM PST by ClearCase_guy
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To: Sub-Driver

Seems to have worked for him pretty well. I guess he doesn’t recall Clinton’s lawsuit against his company nor Bush’s letting it drop. Selective memory.


37 posted on 11/10/2010 12:25:08 PM PST by skr (May God confound the enemy)
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To: Sub-Driver
Bill Gates: Capitalism Has 'Systemic' Problems Government Should Address

Yep, and one of 'em that Government Should "Address" is Bill Gates.

38 posted on 11/10/2010 12:25:42 PM PST by Navy Patriot (Sarah and the Conservatives will rock your world.)
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To: Sub-Driver

The Eternal Fallacy of Socialism is that the collective is inherently more humanitarian than the individuals who comprise it.

Government has no soul, no conscience, no sense of continuity or purpose. If the acts of individuals are heartless, contemplate the depravity of which such a collective is capable.

Yet liberals constantly demand we leave compassion and charity to the Government. There is no worse executor of those virtues.


39 posted on 11/10/2010 12:25:52 PM PST by IronJack (=)
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To: pabianice; ShadowAce
DITTO! Word for word! Spot on!
40 posted on 11/10/2010 12:26:23 PM PST by Fiddlstix (Warning! This Is A Subliminal Tagline! Read it at your own risk!(Presented by TagLines R US))
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To: VRWCmember

Exactly, I’m surprised more here didn’t pick up on that point. If the Government would enforce laws fairly, and not confiscate the wealth of those “risk takers”, there would be more research and innovation.


41 posted on 11/10/2010 12:27:03 PM PST by Hurricane Andrew (History teaches that wars begin when governments believe the price of aggression is cheap.)
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To: Lucky9teen

Love it.


42 posted on 11/10/2010 12:28:03 PM PST by Vendome (Don't take life so seriously... You'll never live through it.)
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To: Navy Patriot

Big Government: “Bill has systemic problems, and we are coming for all his moneys.”


43 posted on 11/10/2010 12:28:07 PM PST by trappedincanuckistan (livefreeordietryin)
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To: Sub-Driver

Our system didn’t seem to hurt this asshat too much.


44 posted on 11/10/2010 12:28:14 PM PST by thethirddegree
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To: sniper63

I can remember when Lotus, Borland, Word Perfect were competition for MS Office and they could be had for $39.00.
Once M$ destroyed them the price went to $300-$600.00 for Office . How was that doing much for the poor Bill?


45 posted on 11/10/2010 12:28:35 PM PST by Delphster
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To: Sub-Driver

Thank you Benito Mussolini Gates, LOL.


46 posted on 11/10/2010 12:28:45 PM PST by donna (Conservatives believe in God, Family, Country. Not money, money, money.)
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To: Sub-Driver

Dear Bill:

Government is the biggest problem that needs to be addressed.

Your’s truly...

DoughtyOne


47 posted on 11/10/2010 12:28:52 PM PST by DoughtyOne (Your next chance like this? About 2044. Vote popularity and don't waste time with the details.)
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To: paudio
Would he be happy if Microsoft is taken by the government so that ‘more research’ can be done?
No. He wouldn't. In fact, he gives a lot of money to PRIVATE CHARITIES.

Why not make huge donations to that wonderful PUBLIC SECTOR, hey Bill? Why not?

If it's so great.

48 posted on 11/10/2010 12:28:52 PM PST by samtheman
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To: Sub-Driver
In general, the world under funds research because the person who takes the risk of doing the research doesn’t capture the full benefit of having done it

No, Bill. Governments REGULATE how much of return research to ostensibly limit the cost impact on the public that would benefit from it.

Fail

49 posted on 11/10/2010 12:29:40 PM PST by Cletus.D.Yokel (Islam is a violent and tyrannical political ideology and has nothing to do with "religion".)
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To: Sub-Driver

Boy, I wish I could ping a couple of the old “Linux is Communist software” folks to this thread.


50 posted on 11/10/2010 12:29:49 PM PST by Notary Sojac (I've been ionized, but I'm okay now.)
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