Gates Touts 'Creative Capitalism' Vision
DAVOS, Switzerland (AP) -- Microsoft chairman and co-founder Bill Gates offered his vision for a new kind of capitalism Thursday that calls for business to work with governments and non-profit groups in a concerted bid to stem global poverty and spur more technological innovation for those left behind.
"We have to find a way to make the aspects of capitalism that serve wealthier people serve poorer people as well. I like to call this idea creative capitalism," he told an auditorium packed with corporate leaders, politicians and other attendees at the annual meeting of the World Economic Forum.
In his speech, Gates, one of the world's wealthiest men, outlined how business worldwide can expand the reach of market forces to offer the benefits of science and technology to all.
He also spoke of his desire to see the world improve, adding that the pace was not quick enough for him.
"I'm an optimist, but I'm an impatient optimist," he said to the standing-room only crowd. "The world is not getting better fast enough, and its not getting better for everyone."
To illustrate his push toward more social responsibility, he also took time to announce that Redmond, Washington-based Microsoft Corp. teamed with Dell Inc., the Round Rock, Texas-based maker of personal computers, to sell a Red-branded PC.
The Red brand includes products from American Express, Apple Inc. …