The Gates Speech — Rebuilding Capitalism

Bill Gates — in the twilight of his technical career at Microsoft, on the eve of his new one in philanthropy at the helm of his Gates Foundation — is set to speak at the World Economic Forum in Davos, CH today to call for a “kinder, creative” capitalism (according to the subject line of the Wall Street Journal’s email alert this morning). This should be a classic Davos speech, the kind of thing captains of industry and heads of state and rock and roll front men want to discuss, and it should kick off a furious bout of analysis, guffaws, and more important, heavy thinking about the role of corporate social responsibility.

“”We have to find a way to make the aspects of capitalism that serve wealthier people serve poorer people as well,” Mr. Gates will tell world leaders at the forum, according to a copy of the speech seen by The Wall Street Journal.”

“Among the fixes he plans to call for: Companies should create businesses that focus on building products and services for the poor. “Such a system would have a twin mission: making profits and also improving lives for those who don’t fully benefit from market forces,” he plans to say.”

I strongly recommend a read of the Journal story, it’s a deep look at how the richest man in the world intends to leave his mark on the world, and that mark won’t look like this if he has his way.

Corporate Social Responsibility is due to be changed in some tangible ways. Lenovo is lucky to have Bill Stevenson guiding its efforts, and I’ll be interested in his thoughts on today’s speech by Gates. You can read Bill’s blog at Lenovoblogs.com

Jeff Jarvis is liveblogging from Davos and hits on the Gore/Bono-Google sessions.