Nuclear energy, in terms of an overall safety record, is better than other energy.
Bill GatesRead
Creative capitalism takes this interest in the fortunes of others and ties it to our interest in our own fortunes in ways that help advance both. This hybrid engine of self-interest and concern for others can serve a much wider circle of people than can be reached by self-interest or caring alone.
Interpretation
What this quote means
Creative capitalism merges self-interest with the welfare of others to benefit everyone.
In this quote, Bill Gates emphasizes the concept of creative capitalism, which combines the pursuit of personal gain with a genuine concern for the well-being of others. This approach not only enhances individual fortunes but also creates a system where a larger group benefits, illustrating that collaboration between self-interest and altruism can lead to greater social progress.
Themes
Creative CapitalismSelf-InterestConcern For OthersSocial ProgressAltruism
In practice
Example use cases
During a business conference discussing corporate social responsibility.
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With the states release today of a set of clear and consistent academic standards, our nation is one step closer to supporting effective teaching in every classroom, charting a path to college and careers for all students, and developing the tools to help all children stay motivated and engaged in their own education. The more states that adopt these college and career based standards, the closer we will be to sharing innovation across state borders and becoming more competitive as a country.
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About three million computers get sold every year in China, people don't pay for the software. Someday they will, though. And as long as they're going to steal it, we want them to steal ours. They'll get sort of addicted, and then we'll somehow figure out how to collect sometime in the next decade.
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Internet TV and the move to the digital approach is quite revolutionary. TV has historically has been a broadcast medium with everybody picking from a very finite number of channels.
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These four policy prescriptions - strengthening educational opportunities, revamping immigration rules for highly skilled workers, increasing federal funding for basic scientific research, and providing incentives for private-sector R&D - should in my view be top priorities as Congress and the Administration consider how to maintain the nation's leadership in science, technology, and innovation.
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