Creative Capitalism A Conversation with Bill Gates, Warren Buffett, and Other Economic Leaders

by Kinsley, Michael; Clarke, Conor

• ISBN13: 9781416599425
• ISBN10: 1416599428
• Format: Paperback
• Copyright: 2009-12-08
• Publisher: Simon & Schuster

Summary

Michael Kinsley is a noted journalist and political commentator. He was one of the most successful editors ofThe NewRepublic magazine. He was the host of CNN'sCrossfireand foundedSlate, the nation's first online magazine. He also served as the editorial page editor forThe Los Angeles Timesand has written forThe Guardianand theNew Yorker. He is a regular contributor toTimemagazine. Michael currently lives in Seattle , Washington with his wife Patty Stonesifer, CEO of the Bill and Melinda Gates Foundation.

Author Biography

Michael Kinsley is a columnist for The Atlantic, past editor of The New Republic and Harper's, editorial and opinion editor of the Los Angeles Times, American editor of The Economist, and founding editor of Slate. His writing has also appeared in The New Yorker, Time, The Washington Post, and other publications.

Table of Contents

Acknowledgments	p. vii
Introduction	p. 1
A New Approach to Capitalism	p. 7
Creative Capitalism: The Cheat Sheet	p. 17
Bill Gates and Warren Buffett Discuss "Creative Capitalism"	p. 20
Creative Capitalism: A Starting Critique	p. 40
The Case for Creative Capitalism	p. 48
But Wait! Can't the Poor Decide for Themselves?	p. 51
Let Old-fashioned capitalism Help the Poor	p. 55
How Capitalism Can Really Get Creative	p. 58
Let's Move Beyond Milton Friedman's Icy Purity	p. 60
Why Creative Capitalism Would Make Things Worse	p. 63
Can Corporations That Do Good Really Compete?	p. 68
A Reply to Richard Posner: Reform Comes from the Bottom Up	p. 72
A Reply to Ed Glaeser: What Kind of Firm Are We Talking About?	p. 75
Is Creative Capitalism Illegal?	p. 77
Can a Corporation Do Good Without Fear of Carl Icahn?	p. 80
Ten Points About Profit	p. 84
Can You Be Creative and Still Be Capitalist?	p. 88
Why Creative Capitalism Gets in the Way of Democracy	p. 91
No, Creative Capitalism Will Only Make Capitalism Stronger	p. 100
Old-fashioned Capitalism is Moral Enough	p. 104
To Gates's Critics: You're Making Perfect the Enemy of the Good	p. 107
The Problem with Gates: Do as I Say, Not as I Did	p. 110
The Problem with Friedman: A Lack of Imagination	p. 115
A Quick Reply to Brad DeLong: Where's the Harm?	p. 118
To Capitalism's Defenders: Don't Be So Defensive	p. 120
A Response to Elizabeth Stuart: If Not Profits, What?	p. 124
Why Not Experiment?	p. 126
Capitalism Works Because It's Self-Correcting	p. 128
Pure Versus Creative Capitalism: A False Choice	p. 130
What Are We Talking About?	p. 132
In Defense of a Good Reputation	p. 134
What Are We Taking About? Part Two	p. 138
Creative Capitalism Has Its First Tool	p. 140
Why Isn't Regular Capitalism Good Enough?	p. 143
You Can Make Profits and Save the Poor	p. 146
Creative Capitalism Is Not Philanthropy	p. 150
Just Do the Right Kind of Lobbying	p. 152
My Version of the Right Kind	p. 155
Just Tax the Rich	p. 156
A Capitalist Knows Who to Call	p. 161
Does Foreign Aid Create Weak States?	p. 166
Yes, but Weak States Can Be Coaxed Creatively	p. 170
How the Aid Industry Got Creative	p. 172
Even Government Can Be Creative	p. 174
Don't Change Capitalism, Expand It	p. 178
The Lesson of History	p. 183
Gates: The Right Place at the Right Time	p. 186
What Makes Capitalism Work?	p. 190
In Defense of a Good Reputation, Part Two	p. 193
You Want Creative Capitalism? Try This	p. 195
A Reply to Summers: Yes, It's a Fair Warning	p. 197
Maximizing Whose Profit?	p. 201
A Brief Detour on Efficient Markets: An email exchange between Kinsley and Summers	p. 204
What Makes Creative Capitalism Hard?	p. 207
Does Being Recongnized as a Good Citizen Make a Difference?	p. 212
Foundations Could Use the Kick of Creative Capitalism	p. 216
A Reply to Alexander Friedman: There's No Such Thing as a Free Lunch	p. 221
Prove That It Works, and It Will Catch On	p. 222
Gates Foundation to the Rescue!	p. 226
A Reply to the Foundation: You're out to Touch	p. 236
Another Reply to the Foundation: What Are You Saying?	p. 238
Let Us Explain Ourselves	p. 243
The Sears Solution	p. 246
A Reply to David Vogel: The Demand for Virute Is Rising	p. 253
A Reply to Conor Clarke: Let's Not Be Too Cynical	p. 257
The Real Blind Spots of Today's Capitalists	p. 262
The Bad Side Effects of Forcing Good Behavior	p. 265
Altruists Are like Sadomasochists	p. 273
What Gates Really Means	p. 276
What Would Adam Smith Do?	p. 280
Putting Creativity Back into Creative Capitalism	p. 284
Appendix	p. 287
The Social Responsibility of Business	p. 287
What's So Bad About Poverty?	p. 297
Companies as Citizens	p. 301
Good Company	p. 305
Contributors	p. 311
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