Analysis and Commentary on Bill Gate´s Article: How to Fix Capitalism Essay

Analysis and Commentary on Bill Gate´s Article: How to Fix Capitalism Essay

Length: 1141 words (3.3 double-spaced pages)

Rating: Strong Essays

Open Document

Essay Preview

After having read through Bill Gates’ article “How To Fix Capitalism”, I agreed completely with the various ideas Bill Gates states and I believe that creative capitalism can and should be an effective way to make the world as a whole a better place overall. In the following essay I am going to attempt my hand at explaining the current situation, explaining some of the background that brought us to this situation, expound on what a government can try to do to help rectify the situation, expand on possible systems that can draw corporations to help and finally example of how corporations can start helping. Creative capitalism is an effective way to increase the wellbeing of humanity as a whole and should be encouraged.
The richest of humanity see the most of improvements, and the poorest of humanity see the least of these improvements. Through capitalism the world has changed tremendously in a short amount of time. A host of new technology has been innovated, especially in the last 100 years. Humanity as a whole is much better off than it was before. As an example, most of us are able to take an airplane to travel from one country to another in one day or have fairly easy access to advanced health care. In a word, like Bill Gates said in his article “How to Fix Capitalism”, “Capitalism has improved the lives of billions of people- something that’s easy to forget”(Gates). But, it is not getting better fast enough, and it is not getting better for everyone. A multitude of people live on less than a dollar a day and it can be extremely hard for a person in such a situation to drag themselves out of poverty without help from others. Capitalism has the ability to harness self-interest in a helpful and sustainable way but only on beh...


... middle of paper ...


...ome--this kind of innovation makes a huge difference. You're less tempting to rob if you're not holding any cash.(Gates)
In conclusion, creative capitalism is already afoot and doing its best but there is so much more that can be done. Many companies forget that the poorest two-thirds of the world's population have some $5 trillion in purchasing power between them. Governments can also help by investing in creating more creative incentives. They can also make sure corporations get the publicity for doing good work so to shine a good light on those that help others. Customers of these corporations can help by buying products from companies that help with society. If more companies follow the lead of the more creative organizations in their industry, they will make a large impact on some of the world's worst problems and together we can make a change for the better.

Need Writing Help?

Get feedback on grammar, clarity, concision and logic instantly.

Check your paper »

Capitalism And Socialism : A Capitalist Economy Essays

- All for one or one for all. That is the question that’s really being asked when comparing capitalism and socialism. In a capitalist economy, such as America, the money earned by an individual is for said individual and belongs to them. However, in a socialist economy, such as Italy, the money earned by a person is for the country and is redistributed among the people equally. One major difference is the role that the government plays in each economy. Capitalism and Socialism are practically opposites and the way their governments work are pretty much opposite of each other as well....   [tags: Socialism, Capitalism, Communism, Marxism]

Strong Essays
2416 words (6.9 pages)

Capitalism : Capitalism And Capitalism Essay

- Capitalism at first seems like a beneficial idea that can help to support and drive a society, but upon further inspection, there is a great deal of instability in a Capitalistic society. One of the main outcomes of capitalism is greed. Throughout the recession the rich upper class continued to become astoundingly richer, while the poor lower class became persistently poorer. Moreover, a capitalistic system finds a way to make a profit from anything or from anyone. Alienating workers turning them against each other to focus on the common goal: profit....   [tags: Capitalism, Karl Marx, Sociology, Marxism]

Strong Essays
1030 words (2.9 pages)

Capitalism And Socialism : A Capitalist Society Essay

- Within a capitalist society, the economy runs through private companies owned by individuals. Decisions over the use of production are made by the owner of said company. Citizens and corporations are free to decide how they spend their money. They are able to reserve it, donate it to charity, or buy products, services or property. This freedom of wealth is caused the free market. The free market is all those things that money can purchase, and the persons can act freely related to whether they want to buy it or what they will buy....   [tags: Capitalism, Socialism, Market economy, Communism]

Strong Essays
1320 words (3.8 pages)

Marx 's Analysis Of A Capitalist System Essay

- Marx’s Analysis of a Capitalist System A free-market gives way to power and control to a certain group of individuals at the top of economic system, which results in inequality. The inequality sets the working class at a disadvantage because there is minimal to no intervention in protecting the workers. Karl Marx claimed that capitalism exploited the working class, which would eventually alienate the individual in a work setting, from himself, and humanity. In order to deter further alienation and exploitation of workers, Marx figured that the working class had to think alike in ordinance to the problem of a capitalist system to agree that social change was necessary....   [tags: Marxism, Capitalism, Karl Marx, Socialism]

Strong Essays
1047 words (3 pages)

The 2014 Farm Bill Analysis and Description Essay

- Farmers and taxpayers have brought their concerns to the government regarding agriculture since the first farm bill in 1933. The bill was called the Agricultural Adjustment Act of 1933. It was enacted in response to the Great Depression. The rapidly dropping crop prices, national hunger, and trade failure spurned the farmers and consumers to cry out to the government. The government responded with the Agricultural Adjustment Act that adapted tax and production laws to fit the needs of the economy....   [tags: farmers, farm bill, agriculture, crops]

Strong Essays
1323 words (3.8 pages)

A Critical Analysis of Michael Jordan and the New Global Capitalism Essays

- A Critical Analysis of Michael Jordan and the New Global Capitalism In the history of business, there has been a clear record of industry heads finding something or someone as a mainstay and bedrock for their respective companies or corporations; there is often a chief product that keeps many businesses afloat, even in the rough times. Apple found it's own in 2001 with the iPod. McDonald's has had the Big Mac since the late 1960s. Nike, however, found their goldmine in a person with Michael Jordan....   [tags: Michael Jordan Capitalism]

Strong Essays
1080 words (3.1 pages)

Fuel Cells as an Attempt of a Capitalist Technological Fix. Essay

- Fuel Cells as an Attempt of a Capitalist Technological Fix One of the main variables used when measuring the ecological impact of a given society, populous, or nation is the variable of technology. Currently, in a world rightfully beseeched with an uncomfortable mix caution and fear of potential future ecological catastrophe, alternative energy sources are being discussed, researched and developed in many advanced industrialized nations as potential ways to technologically postpone or perhaps even fix a major impending crisis of global Capitalism....   [tags: Science Energy Papers]

Free Essays
4124 words (11.8 pages)

A Bill of Rights Essay

- A Bill of Rights A Bill of Rights is a statement of values and standards, of rights and responsibilities. It is a 'higher law' than those which Parliament passes, and a standard by which to judge these laws. It sets out our rights and responsibilities as individuals. Arguments for a Bill of Rights * a Bill of Rights gives you the chance to fight for your rights in court * if a Bill of Rights is 'entrenched', Parliament must make sure that laws take account of those rights included in it * a Bill of Rights can give protection to vulnerable minorities * human rights education is easier if there is a sin...   [tags: The Bill of Rights Essays]

Free Essays
392 words (1.1 pages)

Bill Gates Leader Report Essay

- Bill Gates Leader Report My favorite leader is William Henry Gates III, or Bill Gates to most people. Bill Gates is a computer engineer and world-class entrepreneur. He founded Microsoft Corporation in 1975 with a high school friend named Paul Allen. The leadership role that he serves is chairman and chief software architect of Microsoft Corporation. Up until 1998, Gates was CEO of the company, but he relieved himself of those duties, and currently is only a software architect and serves on the Microsoft committee....   [tags: Bill Gates]

Strong Essays
1327 words (3.8 pages)

Creative Capitalism Essay

- For this extra credit assignment, we were assigned an article by Bill Gates about “creative” capitalism. Bill Gates is one of the most well-known and wealthy men on Earth, earning his fortune from software like Microsoft Office and Windows. At the time this article was written, neither was sold at prices below $100. But this article is not about the capitalism that Bill Gates’ company has used and which he gained his fortune from. No, today Bill Gates is telling us about his idea of creative capitalism....   [tags: Article Analysis ]

Strong Essays
909 words (2.6 pages)