Delivered 'A New Approach to Capitalism' speech at Davos — coined 'creative capitalism'
In his final Davos appearance as a full-time Microsoft employee, Gates delivered the speech 'A New Approach to Capitalism in the 21st Century,' introducing the concept of creative capitalism — a hybrid engine of self-interest and concern for others that extends market benefits to the world's poorest. He argued that pure capitalism leaves the poorest two billion people without market incentives to serve them, and called on corporations and governments to align profits with social outcomes. The speech generated global debate and was later compiled into an anthology book.
Source: https://www.gatesfoundation.org/ideas/speeches/2008/01/bill-gates-2008-world-economic-forum
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