Crossroads

At the intersection of technology, finance and the Pacific Rim.

Thursday, June 29, 2006

For Every Bush there is a Buffett

As I noted earlier, Warren Buffett has chosen to turn over his most of his wealth to the Bill and Melinda Gates Foundation. He is interviewed on the Charlie Rose Show along with Bill and Melinda. Warren will become a trustee of the Gates Foundation and the Foundation itself doubles in size to over $60BN.

These three want to eradicate the top 20 diseases that afflict the developing world and help re-build a world with less social inequalities. This is thinking Big. As time goes on, I have become convinced that there must be a softer side of capitalism--that some of the profits need to be recycled to help the dispossessed and those who don't know how to get on the playing field must be shown the way. I have deep reservations about this push for "globalization" without this cushion underneath it. Hopefully as Gates has built one of the most profitable corporations that capitalism has seen, he will build one of the most of the most meaningful organizations that humankind has felt. I encourage you to watch the interview.

3 Comments:

Blogger ky choi said...

They can create a more powerful real super hero who can help the people in need by this additional donation by Warren, but I believe that they should be away from the US-led politics to give a cushion effect in "globalization" led by the US these days even though, as you mentioned, their activities will expediate "gloablization" naturally to win a wide support globally.

10:48 AM  
Blogger ky choi said...

They can create a more powerful real super hero who can help the people in need by this additional donation by Warren, but I believe that they should be away from the US-led politics to give a cushion effect in "globalization" led by the US these days even though, as you mentioned, their activities will expediate "gloablization" naturally to win a wide support globally.

10:48 AM  
Blogger Jinwoo IM said...

As many presses mentioned, I'm interested in Bill Gates' future activities because he has been a successful strategiest and he announced that he would establish and use the effective strategies to solve the problems that humans are facing now.

9:24 PM  

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