Today, the real Gates spends his time giving money away. He's unusually conscientious about it. He experiments, funding what works and dropping what doesn't. His charity work saves lives. Good for him. But Gates was also unusually skilled at bringing people better software. Had he continued doing that at Microsoft, I bet the company would have been even more productive. And Gates would have done more for the world.
I tried that thought experiment on Turner, who, in turn, unclipped his microphone and walked off the set.
OK, so people who give away a billion dollars don't want to hear skepticism about their gift. But there's little doubt capitalism helps people more. Even rock star Bono from U2 has come to understand that. He used to call for more government spending on foreign aid. Now he says: "Aid is just a stopgap. Commerce, entrepreneurial capitalism take more people out of poverty."
Bingo. If Bono gets it, Turner should, too.
I applaud those who give to charity, but let's not forget that it's capitalists (honest ones, not those who feed off government) who do the most for the poor. They do more good for the world than politicians -- and more even than do-gooders working for charities.
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